But St. Louis-based Peabody Energy Corp. bought the mine and reopened it last August as high oil and natural gas prices, power plant technology and rising demand for cheap power had the energy industry rethinking Illinois' high-sulfur coal.
"It's a godsend," Bill Jarrett, Coulterville's president, says of the mine and its jobs. "We needed it bad."
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| technorati tags: coal, Energy, economy, Illinois, Climate Prediction |
