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US Coal Production Forecast to Decline in 2019 and 2020

Soaring Eagle 74

All-Conference
Jan 4, 2008
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  • EIA expects total U.S. coal production in 2019 to total 698 million short tons (MMst), an 8% decrease from the 2018 level of 756 MMst. The decline reflects lower demand for coal in the U.S. electric power sector and reduced competitiveness of U.S. exports in the global market. EIA expects U.S. steam coal exports to face increasing competition from Eastern European sources, and that Russia will fill a growing share of steam coal trade, causing U.S. coal exports to fall in 2020. EIA forecasts that coal production in 2020 will total 607 MMst.
About a 150,000,000 decrease from 2018 levels.

PROMISES MADE, PROMISES BROKEN.
 
  • EIA expects total U.S. coal production in 2019 to total 698 million short tons (MMst), an 8% decrease from the 2018 level of 756 MMst. The decline reflects lower demand for coal in the U.S. electric power sector and reduced competitiveness of U.S. exports in the global market. EIA expects U.S. steam coal exports to face increasing competition from Eastern European sources, and that Russia will fill a growing share of steam coal trade, causing U.S. coal exports to fall in 2020. EIA forecasts that coal production in 2020 will total 607 MMst.
About a 150,000,000 decrease from 2018 levels.

PROMISES MADE, PROMISES BROKEN.

Trump said he would return the US to being #1 in world energy production (including coal)

Promise made, promise kept.
 
  • EIA expects total U.S. coal production in 2019 to total 698 million short tons (MMst), an 8% decrease from the 2018 level of 756 MMst. The decline reflects lower demand for coal in the U.S. electric power sector and reduced competitiveness of U.S. exports in the global market. EIA expects U.S. steam coal exports to face increasing competition from Eastern European sources, and that Russia will fill a growing share of steam coal trade, causing U.S. coal exports to fall in 2020. EIA forecasts that coal production in 2020 will total 607 MMst.
About a 150,000,000 decrease from 2018 levels.

PROMISES MADE, PROMISES BROKEN.
I don't suppose previous administration plans to shut down power plants using coal to produce electric has anything to do with lower usage of coal today,
.Probably not cost prohibitive to re convert back to coal....
 
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