Tag: Montana Coal/Coal Bed Methane

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> MDU-Resources Group posts record profit

MDU-Resources Group Inc. has surpassed last year’s record profit in the first nine months of 2007, led by the highest earnings for a quarter in the company’s 83-year history.

The Bismarck-based energy, mining and construction company posted record earnings of $201.1 million for the third quarter this year, due in part to a $91.5 million gain from the sale of power production assets. The third-quarter earnings compared with $108.3 million for the same quarter a year ago.

Read the entire story here:

http://www.casperstartribune.net/articles/2007/10/24/ap-state-wy/d8sfkq180.txt

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Rally against coal development planned

A public rally to oppose new coal development will take place at the Oval on the University of Montana campus at 7 p.m. Monday, just prior to an on-campus lecture by eminent climate scientist James Hansen.

Both Hansen and Nobel Peace Prize laureate and UM professor Steven Running have been invited to address the rally.

“Gov. Schweitzer has been pushing coal development since he took office,” said David Merrill, executive director of Global WarmingSolution.org. “In addition, Rep. (Denny) Rehberg, Sen. (Max) Baucus and Sen. (Jon) Tester are all pushing coal development in one form or another. As the global warming threat to Montana, indeed all of humanity, steadily mounts, it’s time to leave this dirty, carbon-bearing fuel behind.”

Read the entire story here:

http://www.missoulian.com/articles/2007/10/21/news/mtregional/news09.txt

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Conflicting interests affect coal railroad project

Some are more valued than others, some not at all. Some are being mined while other sites remain in perpetual potential.

A long-term effort to develop the more desirable coal under the rangeland of Eastern Montana is stymied by a triangle of common, yet competing interests at a time when the political/economic trend is shading against further use of even the cleanest burning varieties of the fossil fuel.

Continuing a quest that began in the early 1980s, the owner of a permit to build a railroad that would haul low-sulfur, high-heat coal from southeastern Montana has asked the state to prepare a lease bid for more than 300 million tons of state-owned coal.

Read the entire article here:

 http://www.helenair.com/articles/2007/10/20/montana/a09102007_03.txt