ANALYSTS EXPECT US COAL EXPORTS TO CONTINUE SURGING IN 2018

ANALYSTS EXPECT US COAL EXPORTS TO CONTINUE SURGING IN 2018

U.S. coal exports are expected to surge 10 percent in the next year, according to new forecasts by the Energy Department’s statistics arm. The U.S. Energy Information Administration (EIA) predicts that while coal production will fall one percent in 2018, exports will surge 10 percent above 2017. Coal exports were up 32 percent in the […]

Analysts Expect U.S. Coal to Continue Surging in 2018

U.S. coal exports are expected to surge 10 percent in the next year, according to new forecasts by the Energy Department’s statistics arm. The U.S. Energy Information Administration (EIA) predicts that while coal production will fall one percent in 2018, exports will surge 10 percent above 2017. Coal exports were up 32 percent in the […]

West Virginia Benefits From Increased Global Demand for Coal

Coal is once again a hot commodity. The Wall Street Journal reports a surge in the international demand for coal to produce electricity, especially in underdeveloped countries that are still trying to bring cheap, reliable power to millions of people. The Energy Information Administration reports that U.S. coal exports doubled in 2017 and are expected […]

U.S. rail volume up on freight demand

Demand for freight transportation continues to drive US railroad volume higher, with shipments up on the year by 4pc, Association of American Railroads (AAR) data show. “The US economy has been improving since the 2016 slowdown,” and railroads are committed to maintaining the economic momentum, AAR senior vice president of policy and economics John Gray […]

Is Utah coal bound for Baja California? Officials strike a deal with the Mexican state, where a port could ship it overseas.

The West’s coal country has long sought to offset declining domestic coal consumption through exports to Pacific Rim countries. But politically liberal West Coast cities and states have gotten in the way, obstructing proposals for new coal-handling terminals. Now, Utah is looking south of the U.S. border to ship its coal and possibly natural gas […]

Is Utah coal bound for Baja California? Officials strike a deal with the Mexican state, where a port could ship it overseas.

The West’s coal country has long sought to offset declining domestic coal consumption through exports to Pacific Rim countries. But politically liberal West Coast cities and states have gotten in the way, obstructing proposals for new coal-handling terminals. Now, Utah is looking south of the U.S. border to ship its coal and possibly natural gas […]

The One Market That’s Sure To Help Coal

“Urbanization helps pull people out of poverty and advances progress towards the Millennium Development Goals,” The World Bank As still the world’s leading source of electricity (most critically, overwhelmingly so in all-important China and India) at 37-40% of all supply, and still generating 30% of U.S. power, coal is obviously not dead. But beyond electricity, […]

U.S. coal cargoes heading for China as Beijing takes aim with new tariffs

BEIJING (Reuters) – At least four cargoes of U.S. coal worth $30 million (£23.32 million) are headed to China as Beijing prepares to hit imports with hefty 25-percent tariffs, threatening a niche supply of the fuel even as China’s appetite for foreign coal shows no sign of abating. The vessels, carrying a combined 335,000 tonnes […]

Developing world using more coal, offsetting cuts elsewhere

A decrease in coal consumption in the developed world will be matched by an increase in the developing world, according to major energy outlooks. Between 2015 and 2040, the Energy Information Administration predicts a 90% increase in coal demand in India and 80% in other countries in non-OECD Asia. Africa, the Middle East and South […]