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US Coal Production in 2019 Sinks below 1978 Lows

Coal News - Published on Wed, 29 Jul 2020

Image Source: US Coal Production
According to the Energy Information Agency, US coal production fell further by 7% YoY to 706 million short tons in 2019, the lowest amount of coal produced in the United States since 1978. Wyoming, the largest coal-producing state in the US, saw a 9% dip in 2019, accounting for most of the production decrease. West Virginia, the States' second-largest coal producer, only saw a 2% decrease last year. Arizona stopped its coal production late last year, while Kansas and Arkansas stopped production in 2017 and 2018 respectively, shortening the list of states that produce the energy source that is now looked upon most unfavourably, even among the not-terribly-climate-conscious crowd.

It is set to fall even further in 2020 as the international appetite for coal has waned with the pandemic. This year is shaping up to be even worse for coal, as production is expected to dip to levels not seen since the '60s. For 2020, the EIA's outlook on coal production in the US is grim, with the agency expecting another annual loss of 29%. The anticipated dip this year is primarily due to a fall in US coal exports, which were 29% off as of May, compared to the same five months in 2019. EIA uses railcar loading data to estimate production, which as of July 18, were 27.1% off compared to the same period last year.

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Posted By : Yogender Pancholi on Wed, 29 Jul 2020
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