Shares of Patriot Coal (PCX), (ANR) (EEE) Jump on Japan Demand

Evergreen Energy (NYSE:EEE), Alpha Natural Resources (NYSE:ANR) and Patriot Coal (NYSE:PCX) joined other coal companies in a rising share price, as expected coal demand in Japan will soar in order to replace the loss of electricity generated from the nuclear reactors.

Other energy sectors such as wind and solar have been pushed up, but that's unsustainable, as there's nothing in that segment of the market that can help Japan in any way.

Another major product expected to rise in demand in Japan is liquefied natural gas, in which Japan is the largest importer in the world at this time.

For now there will be rolling blackouts until power is sufficiently restored in the country.

Patriot Coal closed Thursday at $23.63, gaining $0.31, or 1.33 percent. Alpha Natural Resources ended the trading day at $55.02, up $2.10, or 3.97 percent. Evergreen Energy closed at $2.93, rising $0.14, or 5.21 percent.