US Coal Demand Down

Electric Power Utilities are set to reduce coal to 24.63%. 

Natural gas is expected to produce 36.8% of US electricity by 2020. 

Of the 10 largest coal producing companies in 2014, 6 declared bankruptcy.  By the end of 2016 the US employed 50,000 coal miners.  In 1928 the US employed 863,000 coal miners.

US Coal in Short Tons. 1 short ton = 0.907184 metric tonnes.

US Coal production in 2000 was 1074 short tons, exports were 46 short tons and US Consumption was 1008 short tons.  US production peaked at 1172 short tons in 2008.

The Obama War on Coal

Year-Production-Export-US Consumption

2000   1074    46   1008

2001   1128    29   1099

2002   1094    23   1071

2003   1072    18   1054

2004   1112    21   1091

2005   1131    19   1112

2006   1163    13   1150

2007   1147    23   1124

2008   1172    47   1125 (peak)

2009   1075    36   1039

2010   1084    62   1022

2011   1096    94   1002

2012   1016   117    899

2013     985   109    876

2014   1000    86     914

2015     896    63     833

2016     739   501    688

2017     775    97     678

2018     755   116    678

https://www.spglobal.com/platts/en/market-insights/latest-news/coal/040919-us-2019-coal-production-expected-to-fall-92-on-year-to-6841-million-st-eia

Comments

Coal exports need to rise and Electric Power Companies need to include coal to compete with natural gas. Consumers need this to happen, because coal costs 2 cents/kwh and natural gas costs 3 cents/kwh. Solar costs 11 cents/kwh and Wind costs 14 cents/kwh.

Norb Leahy, Dunwoody GA Tea Party Leader