U.S. Coal Industry Suffers, while Coal Use Grows Dramatically in India and China, Business and Industry Trends Analysis

America’s coal industry has been suffering a serious downturn.  Federal regulations have encouraged electric utilities, a major user of coal, to either install extremely expensive environmental controls on coal plants or switch to cleaner-burning natural gas for fuel.  Today’s low price for natural gas is accelerating this trend.  Market prices for coal have plummeted.  Many mines have ceased production, and layoffs have been significant. After Trump Administration changes in 2018, U.S. coal production rose to 756.1 million short tons for that year.  For 2019, production was 706.3 million short tons.  A bright spot in the U.S. coal industry may be…

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