China’s demand stokes coal prices
THERMAL coal spot prices, which smashed records earlier this year, are expected to remain high as Chinese demand increases.
THERMAL coal spot prices, which smashed records earlier this year, are expected to remain high as Chinese demand increases.
It is probably too early to definitively say whether the Hubbert model can be used for coal production in the U.S., but the examples of British coal, U.S. arsenic, and U.S. manganese seem to indicate that a Hubbert curve may be able to predict future production trends for U.S. coal.
Largely due to highly efficient longwall mining technology, Colorado has jumped to the front of the line of the nation’s fastest-growing coal-producing states, up from 11th in 1999.
US – As West Virginia coal prices are rising, especially on the spot market, coal production is dropping and mining employment has plummeted.
NEW YORK — Coal supplies at U.S. power plants are at their lowest levels in more than three years, sparking concern of possible blackouts this summer when demand is heavy for electricity to power air conditioners.
The human price of coal.
US – When natural gas prices spike, coal begins to sparkle. Back in 1990, amendments to the Clean Air Act passed, and many environmentalists breathed easier. Toxic emissions would be drastically cut, and as a consequence, electric utilities began to increasingly rely on natural gas because of its low cost and emissions. Coal’s foes began numbering coal’s days
Predictions of imminent oil shortages have been made throughout the 20th century. Although all previous predictions have been false, in recent years a new generation of predictions based on the Hubbert model have become ascendant and attracted media attention.
Duplicate entry/ See Coal – July 2.