Coal is dying and it's always the president's fault even Trump's golden fleece couldna save coal.
Coal was rising under Pro-American Trump.
US coal jobs down 24% from the start of Trump administration to latest quarter
Despite a campaign promise to put coal miners back to work and support "beautiful clean coal," President Donald Trump is on track to leave the White House with the nation posting the lowest coal production and jobs figures in recent history.
"You watch what happens — if I win, we're going to bring those miners back," Trump said at a 2016 rally.
Despite a slight increase in coal production in the third quarter compared to the previous one, the period marked a new low in average coal mine employment with just 40,458 jobs, according to an S&P Global Market Intelligence analysis of available data. Average quarterly coal mining employment fell 23.6% from the first quarter of 2017, when Trump took office, to the most recent quarter. Coal production is down 31.5% in the third quarter compared to the first quarter of 2017.
After a few months of holding roughly flat, U.S. coal employment began falling in 2019 on weakening export prospects and an ongoing secular decline in domestic thermal demand, but the trend accelerated further when the COVID-19 pandemic hit.
www.spglobal.com