"More pain." That's what one industry veteran -on the producer side of the aisle - told U.S. Coal Review is required to improve coal price prospects. More pain... When the fine print is studied, the source said, the largest coal producers are not making the kind of cuts that some have imagined might be made. He reacted to information released with earnings by CONSOL Energy and Peabody Energy. "There is a veiled but obvious trend," the source said. "The big boys keeping preaching production cuts, but (imagined cuts) are in fact just reduced plans for 2007, not actual cuts year on year.
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