Despite all the talk of a return of coal under President Donald Trump, actual growth in U.S. production began months before the November elections and continued to rise until recently, but recent weeks have not been as good.
Last year, China embarked on a production-cut approach of its own, sending global fossil fuel prices to skyrocket. Since then, U.S. miners have benefited from a variety of factors: higher natural gas prices, the impact of the cyclone on Australian exports, and an incipient recovery in the sector as large miners, including Peabody Energy Corp., went out of bankruptcy and Trump began to relax production rules. ...
But now, for the third time this year, US weekly coal production has fallen short of last year, according to the US Energy Information Administration. These latest numbers refer to the week ending October 7, and for the second time in three weeks represent a decline from last year.
After a year of growth in coal production in the United States, a decline is noted
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Azovpromstal® 17 October 2017 г. 09:49 |
