Coal: Sanctions open the chute for more US exports to Europe

The US coal industry is primed to boost exports after the European Union targeted Russian coal for additional sanctions Tuesday, leading one executive to say “this bodes extremely well” for domestic producers. Meanwhile, Central Appalachia coal prices heated up to a 13-year high of $106 a ton, the highest levels since 2008, while Illinois basin […]

US coal exports to reach 3-year high amid war in Ukraine: EIA

Pointing to supply disruptions amid Russia’s war in Ukraine, the Energy Information Administration April 12 revised upward their 2022 US coal export projections to three-year high 89 million st. The estimated volume is 4.5% higher than 2021 exports and the highest since 92.9 million st in 2019, according to the EIA’s April Short-Term Energy Outlook. […]

Hampton Roads coal exports reach 3-year high

Coal exports from Hampton Roads, Virginia, rose in February to the highest level in three years, reflecting strong demand for US coal amid tight international supply. The three terminals at the port loaded about 2.95mn short tons (2.68mn metric tonnes) of coal for export during the month, according to data collected by the Virginia Maritime […]

Russia-Ukraine war likely to bolster U.S. coal exports: Analysis

U.S. railroads are hauling more coal this year, and coal analysts say international demand is likely to strengthen U.S. coal exports in part to the ongoing conflict in Ukraine. The Energy Information Administration’s latest outlook expects U.S. coal production to rise 4% in 2022 to 604 million short tons. It anticipates the U.S. will export […]

Rystad Energy: Coal prices soar to 200 year high

Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests. While most of Europe and the wider world have focused on how Russia’s war in Ukraine has impacted oil, gas and, more recently, nickel prices, relatively little has been […]

Coal making a comeback as Europe dilutes dependence on Russian natural gas

Coal is making a comeback amid the push for the increased use of clean energy by governments, including in the U.S., as Europe has been facing climbing energy costs as the war between Russia and Ukraine rages on.  In an interview that aired on “Varney & Co.” on Tuesday, National Mining Association CEO Rich Nolan argued that shutting down coal […]

U.S. coal exports increased 23% between 2020 and 2021

In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020. Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. In 2021, the percentage of domestic coal production that was exported rose to […]

EIA: US coal exports increased 23% between 2020 and 2021

In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020, according to the US Energy Information Administration (EIA). Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. In 2021, the percentage of domestic coal […]

US coal exports increase 23% between 2020 and 2021

According to the US Energy Information Administration (EIA), in 2021, coal exports from the US increased by 23% to 85 million short t from 69 million short t in 2020. Steam coal exports increased by 47% to 40 million short t, and metallurgical coal exports increased by 8% to 45 million short t. In 2021, […]

Ukraine Crisis Could Send Coal Prices To $500

While much has been written about the oil, gas, and nickel price spikes, the current global coal crunch has largely been overlooked. While coal demand had been waning for the last decade, Russia’s market share has increased just as coal becomes a key energy source again. Most of Europe’s best coal has already been extracted, […]