US COAL PRODUCTION CONTINUES TO GAIN AND CLOSES GAP ON 2014

 

US COAL PRODUCTION CONTINUES TO GAIN AND CLOSES GAP ON 2014

Coal Commodity
Region/Fuel

Avg. BTU

SO2

Price

Price/mmBTU

Central Appalachia

12,500

1.2

$48.60

$1.94

Northern Appalachia

13,000

3

$51.90

$2.00

Illinois Basin

11,800

5

$34.35

$1.46

Powder River Basin

8,800

0.8

$11.55

$0.66

Unita Basin

11,700

0.8

$39.75

$1.70

Natural Gas
(Henry Hub)

n/a

0.01

n/a

$2.69

CHARLESTON –Coal production in the U.S. for the week ending August 29th rose for the fourthstraight week, continuing a long-term upward trend, and to narrow the gap to last year’s totals significantly in recent weeks, according to the latest report from the Energy Information Agency (EIA).

CHARLESTON - The September episode of the West Virginia Coal Association’s Coal Seam television show is now on the air. The special guest was Senate President and Lt. Governor Bill Cole, who discussed the issues related to the President’s Carbon and Mercury Rules and their impact on the future of coal in the state – focusing specifically on what the state can do on its own to help the industry compete while continuing to push back on the Obama Administration’s regulatory assault.

Cole also discussed the 2016 Legislative Agenda, saying that a big part of the upcoming session would be focused on tax reform and other means to help state businesses compete.

The Coal Seam is available on your local public access cable channel, including Suddenlink Channel 17 in the southern part of the state. Check your local listings for the dates and times.

SOUTH CHARLESTON – West Virginia Coal Association Vice President Jason Bostic provided an overview of the 3,000+ page rewrite of the federal mining regulations proposed by the Office of Surface Mining as the Stream Protection Rule.

The presentation focused on the most problematic issues with the rule, such as the potential impact on underground mining operations and the inclusion un-codified water quality standards with the mining permits.

WHITE SULPHUR SPRINGS – The West Virginia State Chamber of Commerce has elected former two-time West Virginia Coal Association Chairman Andrew Jordon as its new board chairman for the 2015-2017 term. The Chamber announced the selection at its annual Business Summit held earlier this week at the Greenbrier.

The three-day meeting included the state’s largest gathering of business, education and policy leaders.

BLUEFIELD -- The West Virginia Coal Association and Friends of Coal will be attending the Bluefield Coal Show on September 16-18 at the Brushfork Armory on Bramwell Road. The annual event continues to grow and today is considered one of the major regional shows in the U.S. Recent shows featured approximately 240 exhibitors displaying first-hand what the future holds in the way of equipment and new innovative technologies being developed in the coal industry. We hope you will join us and show your support for the state’s leading industry at the 2015 Bluefield Coal Show on September 16, 17, and 18. Registration forms are available at http://www.bluefieldchamber.com/bluefield-coal-show.