Hi Trades,
Thanks,
That chart makes a lot of sense.
Not discounting the value of the longer term chart, but once you have that and understand it, then the shorter term chart shows a clearer picture of "current events" !!!

I also think the Ng/Coal ratio is a clearer represention of the current environment.

This will change but I doubt that coal prices will come down enough to turn that chart around, but certainly should be watched !!
There is a huge demand for coal, particularly in the Midwest, Texas and South east so it should not be ignored but it will be demand /facilities dependent and Ng usage will be the favored fuel when possible.

At the moment, a Coal plant that has been fired up is up for the winter unless it craps out !!!!

So, if weather is mild, the gas plants are the load followers, peakers and gas demand will suffer at the expense of base load coal fired plants.

Thanks, Lee