US Coal Consumption Drops to Lowest Level Since 1979

abu afak

ALLAH SNACKBAR!
Mar 3, 2006
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But Trump said he was going to bring it back!
The Worst of the major Fossil Fuels.. is going down except in the East/South Asia, and even there it's growth is slowing as China has decided to make itself the Solar Panel Emperor.

US Coal Consumption Drops to Lowest Level Since 1979
By Ryan Morris - Jan 28, 2019
US Coal Consumption Drops to Lowest Level Since 1979

Contrary to popular belief, the United States is using less coal than ever before – and in 2018, coal usage reached its lowest level in almost 40 years.

After reaching its peak in 2007, coal usage has been in sharp decline as safer and more efficient energy sources take on more substantial roles on the American electrical grid.

According to a recent report from the U.S. Energy Information Administration, coal usage fell by 4% in 2018, which is the lowest it has been since Jimmy Carter’s presidency in 1979.

Natural gas, an energy source that releases 50% to 60% less carbon dioxide emissions than coal, surpassed coal as the leading source of U.S. electricity generation in 2016. The increased use of natural gas, along with renewable energy sources such as solar and wind, have led economists and analysts alike to predict a significant decrease in coal usage by 2050.

Tougher pollutant restrictions are partially responsible for coal’s decline, but the main reason for coal’s decline may have more to do with economics than with regulation.

The report states that “coal demand in the power sector is sensitive to changes in the price of natural gas,”
meaning that whenever natural gas becomes less expensive, demand for its use increases, resulting in a decreased demand for coal.
[.....]​
 
Dear 5 word Clowns above:
when you dishonestly or stupidly use ' exports soar' as a search term instead of something FAIR:
Usage is down here, up in Asia, but OVERALL Production is down as Coal Sucks in both emissions and vs Nat Gas in price per BTUs.

US coal production declined in 2018 as prices, exports rose - EIA
The US Energy Information Administration said that US coal production continued its downward trend in 2018, even as coal pric...
Steel News · 14h


Coal Production Drops, Despite Trump Efforts to Prop Up Industry

Though U.S. coal consumption is on the wane, coal exports last year saw a slight increase. Exports ticked up by 10 million sh...
U.S. News & World Report on MSN.com · 2d

`
 
Dear 5 word Clowns above:
when you dishonestly or stupidly use ' exports soar' as a search term instead of something FAIR:
Usage is down here, up in Asia, but OVERALL Production is down as Coal Sucks in both emissions and vs Nat Gas in price per BTUs.

US coal production declined in 2018 as prices, exports rose - EIA
The US Energy Information Administration said that US coal production continued its downward trend in 2018, even as coal pric...
Steel News · 14h


Coal Production Drops, Despite Trump Efforts to Prop Up Industry

Though U.S. coal consumption is on the wane, coal exports last year saw a slight increase. Exports ticked up by 10 million sh...
U.S. News & World Report on MSN.com · 2d

`

Moron it's not about tonnage it's about money. Coal profits have never been higher and China is in talks right now to buy a huge amount of coal at premium prices. Translation:

TRUMP WAS RIGHT ON!

jo
 
Man on the Street, all those exports come out of the total production. Thus even if exports are up, if total production is down, less coal is coming out of the ground and less coal is being burned.
 
Man on the Street, all those exports come out of the total production. Thus even if exports are up, if total production is down, less coal is coming out of the ground and less coal is being burned.

Point is the buyers are paying top Dollar for it. As Gas turbine plants replace the older coal generating units here in North America
the flow of coal from our mines is going overseas increasingly..... They pay more for it. The coal industry Is thriving not dying.

Jo
 
Dear 5 word Clowns above:
when you dishonestly or stupidly use ' exports soar' as a search term instead of something FAIR:
Usage is down here, up in Asia, but OVERALL Production is down as Coal Sucks in both emissions and vs Nat Gas in price per BTUs.

US coal production declined in 2018 as prices, exports rose - EIA
The US Energy Information Administration said that US coal production continued its downward trend in 2018, even as coal pric...
Steel News · 14h


Coal Production Drops, Despite Trump Efforts to Prop Up Industry

Though U.S. coal consumption is on the wane, coal exports last year saw a slight increase. Exports ticked up by 10 million sh...
U.S. News & World Report on MSN.com · 2d

`

Moron it's not about tonnage it's about money. Coal profits have never been higher and China is in talks right now to buy a huge amount of coal at premium prices. Translation:

TRUMP WAS RIGHT ON!

jo


Total production is DOWN. That means coal miners employed is DOWN. Trump is a lying fool.
 
Moron it's not about tonnage it's about money. Coal profits have never been higher and China is in talks right now to buy a huge amount of coal at premium prices. Translation:

TRUMP WAS RIGHT ON!...
Newcastle coal price to decline 30% by 2020 – ministry
in Commodity News 05/01/2019
Newcastle coal price to decline 30% by 2020 – ministry | Hellenic Shipping News Worldwide

Asia-Pacific benchmark Newcastle coal prices could decline by around 30% by 2020, from 2018 average levels, as Chinese import demand cools, an Australian government report said.

The Newcastle spot price is predicted to decline from an estimated average of USD 105/t last year to USD 86/t in 2019 and to USD 74/t in 2020, according to the report, published by the department of industry, innovation and science.

“The forecast decline in prices is driven primarily by an expected slowdown in import demand from China over the next two years,” it said, citing policy changes to curb emissions and dependency on coal in China as well as in other major economies.

“Nevertheless, a lack of substantial investment in new thermal coal [production] capacity is expected to put a floor under prices, which are forecast to remain well above the lows of 2015 and 2016,” it added......​
 

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