Coal production decline in Powder River Basin may be speeding up

first_imgCoal production decline in Powder River Basin may be speeding up FacebookTwitterLinkedInEmailPrint分享Casper Star Tribune:Warning bells are ringing across Wyoming’s Powder River Basin that the largest producing coal region of the country is in big trouble.One of the largest players, Cloud Peak Energy, is likely facing bankruptcy. A newcomer to coal country, Blackjewel LLC has struggled to pay its taxes despite increasing production, and the total volume of Wyoming’s black rock that miners are estimated to produce – a number that translates to jobs, state and county revenue — keeps going down.After the coal bust of 2015, when 1,000 Wyoming miners lost work and three coal companies went through bankruptcy, a period of stability settled over the coal sector in Wyoming. The idea that coal would slowly decline, partly buoyed up by the results of carbon research, and just maybe an export avenue to buyers in the Pacific Rim, took hold. Wyoming made its peace with the idea that coal’s best years were likely behind her, but that a more modest future for Wyoming coal, with manageable losses over time, was also likely.That may not be the case.Within 10 years, demand for Powder River Basin coal could fall to 176 million tons, said John Hanou, president of Hanou Energy Consulting and a long-time expert on the Powder River Basin. That figure includes Montana’s production and presumes that coal plants in the U.S. are taken offline as soon as they hit 60 years of age. If Wyoming is lucky and gas prices are high, that count could hold closer to 224 million. Or it could be even worse.Economics could push out existing demand even faster, while wind development going up in the Midwest could eat into Wyoming’s coal market in that region. Natural gas prices, high or low, could alter the rate of change in Wyoming’s coal sector.More: Wyoming coal is likely declining faster than expectedlast_img read more

United confirm Moyes appointment

first_img Moyes said: “It’s a great honour to be asked to be the next manager of Manchester United. I am delighted that Sir Alex saw fit to recommend me for the job. I have great respect for everything he has done for the football club. “I know how hard it will be to follow the best manager ever, but the opportunity to manage Manchester United isn’t something that comes around very often and I’m really looking forward to taking up the post next season.” With Moyes committed to concluding the season at Everton, he will not be introduced as United manager until after the campaign is over. “I have had a terrific job at Everton, with a tremendous chairman and board of directors and a great set of players,” he added. “Between now and the end of the season, I will do everything in my power to make sure we finish as high as possible in the table. “Everton’s fantastic fans have played a big part in making my years at Goodison so enjoyable and I thank them wholeheartedly for the support they have given me and the players. Everton will be close to me for the rest of my life.” Having decided to end his near 27-year stint at United this summer, Ferguson quickly came to the conclusion his fellow countryman would be the right man to follow. “When we discussed the candidates that we felt had the right attributes, we unanimously agreed on David Moyes,” said Ferguson. “David is a man of great integrity with a strong work ethic. I’ve admired his work for a long time and approached him as far back as 1998 to discuss the position of assistant manager here.” Press Association The 50-year-old has signed a six-year-contract with the Old Trafford outfit and will join officially on July 1 after completing the season with Everton. Moyes has the backing of Sir Alex Ferguson, who confirmed his retirement on Wednesday, and his first official competitive game will be the Community Shield against either Manchester City or Wigan at Wembley on August 11. center_img Manchester United have confirmed David Moyes as their new manager.last_img read more

Golden Race presents HTML5 technology for retail operators

first_imgShare Alessandro Sposito, ESA Gaming: Lightweight games for a heavy impact in Africa July 21, 2020 The industry wakes up to virtual sports potential June 26, 2020 Golden Race’s virtual sports products get Swedish certification June 18, 2020 Related Articles StumbleUpon Share Submit Golden Race has introduced the latest HTML5 technology to support the creation and development of its complete set of virtual sports products and casino games.In doing so, the virtual betting provider has taken another visual and technical leap forward to keep offering the best solutions for its growing set of land-based operators.“Currently, more than 40,000 shops are running the company’s software, due to its light, flexible, reliable and cost-effective characteristics,” said Golden Race CEO, Martin Wachter. “Our land-based, all-in-one solutions have been especially designed to engage players 24/7 with entertaining gaming experiences.”From the practical Golden Boxes and self-serve terminals to the convenient use of live-rendering technology, Wachter said “every detail has been carefully crafted to increase operators’ revenues in the most effective way”.The benefits of the HTML5 technology for Golden Race’s operators include faster creation and enhancement of products and solutions, while the games will run more smoothly on various devices and operating systems. Moreover, these operators can now enjoy improved visuals in the virtual sports and data panels. According to Wachter, this enhanced version offers a “new vibrant look inspired by the latest trends in global TV broadcast, while also displaying large amounts of data in a layered, crisp and clean way”. “Our betting solutions are now even more reliable, scalable and secure,” he added. “Even the company’s cashier solution has been redesigned from the ground up, offering a much clearer interface with safer payment systems.” “Apart from its dramatic performance boost, its cleaner and adaptive design–that fits any screen size–and improved layout make this cashier much easier to use.”Finally, HTML5 allows for complete brand integration for operators, who can apply logos and colours and not only within the game, but also within animated components and transitions.“We anticipate customers’ demands by applying the latest software solutions that significantly improve the whole betting experience,” concluded Wachter. “Our clients know that, with Golden Race, their products and solutions will always be equipped with state-of-the-art technology that their business needs.”last_img read more