How the Export of Coal and Natural Gas in the U.S. has Developed over time
The
beaten and bruised US coal industry got up off the floor from the body
blows of US EPA’s regulations and got back in the race as an export
champion serving energy hungry Asian markets. Fourth quarter 2011 US
coal exports increased 6.6 percent from the Q3: 2011 and 32.6 percent
from Q4: 2010 to 27.7 metric short tonnes (mst) with exports going
mostly to Europe and Asia continuing to climb.Meanwhile, total U.S. coal
consumption decreased by of 18.8 percent from third quarter 2011 and
9.4 percent from fourth quarter 2010 to 227.1 mst. …Read more...
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