Coal stock drops

Coal stock is plummeting in the wake of President Obama's re-election.

James River Coal Company saw the biggest decrease as shares plunged 22.6%.

Along with James River, Arch Coal's stock dropped more than 11%.

Peabody Coal Corporation saw a decline of more than 9% and Alpha Natural Resources shares sank by nearly 13%.

OPEC officials said that fossil fuels will remain the main energy source in the coming decades with coal's share growing and oil's falling.


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