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WSJ report: Despite gas boom, U.S. coal isn't dead

  • Coal companies (KOL) have been closing mines and laying off workers, but coal isn't going away: Coal remains the biggest source of fuel for generating electricity in the U.S. even as production leaves Appalachia in favor of places such as Wyoming, and exports are growing fast.
  • One reason coal won't disappear soon is that regulators are reluctant to let utilities become too dependent on natural gas, fearing that a sudden price jump could send electricity prices soaring; also, utilities have billions of dollars invested in plants that haven't been paid off.
  • Overall, U.S. coal production is projected to remain relatively constant over the next three decades, according to the U.S. Energy Information Administration (EIA's quarterly coal report).
  • Top coal names: BTU, ACI, ANR, CLD, CNX, JRCC, WLT.
Comments (19)
  • joemarko
    , contributor
    Comments (25) | Send Message
     
    I grew up in coal country. It would be a terrible shame not to utilize one of the most prolific sources not to mention reliable sources of energy in this country. We have large reserves of this resource in the us. I have a great deal of difficulty understanding why, with the available technology, someone hasn't taken the time to develop clean coal. A lot could be accomplished .in my opinion, a lot more than opposing the idea.
    6 Jan, 05:58 PM Reply Like
  • Blue Horshoe love Anacot Steel
    , contributor
    Comments (284) | Send Message
     
    Clean coal is here. Its just that we've changed the definition of what is "clean". If you don't consider CO2 to be a pollutant (all things green need it to survive), then modern coal plants are clean. You just don't here this said in the main stream media.
    7 Jan, 11:35 AM Reply Like
  • MKMCompany2010
    , contributor
    Comments (35) | Send Message
     
    Cleaner coal is here and they are developing the technology for it to burn cleaner. The Sierra Club amount others just hate things like coal and oil. They want wind mills and rainbows......
    8 Jan, 10:08 AM Reply Like
  • 6151621
    , contributor
    Comments (1174) | Send Message
     
    Don't windmills kills lots of birds. I'm thinking the Sierra Club doesn't want those either.
    8 Jan, 01:45 PM Reply Like
  • wil3714
    , contributor
    Comments (1959) | Send Message
     
    think of the wastewater amd carbon emissions, more efficient to use other resources
    8 Jan, 04:49 PM Reply Like
  • ddearborn
    , contributor
    Comments (130) | Send Message
     
    Hmmm

     

    Despite all the gloom and doom it looks like 2013 will end with coal production within a few points of the average for the last 5 years. But you would never get that from all the media bashing coal has been getting this year. And an important point to bear in mind given that relatively firm demand; As mines are closed, the reduced competition will benefit those remaining in production. Coal miners like gold miners are at historic lows. Given the absolute surety of significant inflation on the horizon these 2 sectors will begin to shine very brightly this year.
    6 Jan, 06:28 PM Reply Like
  • SteveSzabo
    , contributor
    Comments (32) | Send Message
     
    I'm retired from the Telecommunication business, and currently run a non-profit with my wife. Also since 1978 I've been a clean, sustainable energy advocate.
    6 Jan, 07:58 PM Reply Like
  • SteveSzabo
    , contributor
    Comments (32) | Send Message
     
    If we can truly generate electricity from "clean coal" I'm in. But despite coal companies saying they can come up with a clean coal solution, they won't. Plus there's a push to stop subsidizing fossil fuels. Why should Americans pay for a technology that pollutes and is harmful to human health. Please read some of the American Lung Association reports.
    NRG is a major fossil fuel burning company and they are in the process of getting off coal. When fossil fuels are gone they will never return, so lets move toward the fuels that will sustain us for future generations
    6 Jan, 08:03 PM Reply Like
  • redytorace
    , contributor
    Comments (2) | Send Message
     
    Do you have references that compare the subsidies of various energy sources?
    6 Jan, 11:02 PM Reply Like
  • chillywilly69
    , contributor
    Comments (32) | Send Message
     
    Wishful thinking only. No substance to support your point.
    7 Jan, 10:14 AM Reply Like
  • MKMCompany2010
    , contributor
    Comments (35) | Send Message
     
    Such as ? Your comments regarding fossil fuels is amusing. This country has an abundant resources in fossil fuels and will continue to use them. And the markets are already working on clean solutions. And your statement about moving towards fuels that will sustain us into the future ? What exactly would that be ?
    8 Jan, 10:12 AM Reply Like
  • Hubert Biagi
    , contributor
    Comments (703) | Send Message
     
    Gotta laugh at the "greenies". Because China is more than willing to buy all the coal we won't use and burn it over there, at much higher emissions. Gee, and I thought it will all the same atmosphere?
    6 Jan, 09:36 PM Reply Like
  • sethmcs
    , contributor
    Comments (3327) | Send Message
     
    Wonder how those solar cells are doing in Texas right now?
    6 Jan, 09:44 PM Reply Like
  • bajadoc
    , contributor
    Comments (67) | Send Message
     
    The global warming and climate change whackos have it in for the coal industry!
    But I sense a sea change coming! When all the Al Gore disciples have been exposed as the charlatans, and confidence men they truly are, then we can finally move this country ahead with a sane energy policy!
    6 Jan, 09:51 PM Reply Like
  • rocknrollstew
    , contributor
    Comments (111) | Send Message
     
    YOU ALL FORGET THE SUPREME COURT TAKES UP COAL ISSUES THIS JULY? COULD BE HURTFUL TO THE INDUSTRY...I HOPE NOT..LETS SEE HOW THE VOTES GO..THE EPA NEEDS TO BE RUNG IN AND NOT DICTATE
    6 Jan, 11:50 PM Reply Like
  • SteveSzabo
    , contributor
    Comments (32) | Send Message
     
    In response, what do we do when we are out of fossil fuels. Here's an example of a deal that is cheaper / kWh than coal. Plus coal will double in price over the next 30 years according to the EIA data I looked at last year. The price of fuel from the sun won'r go up.
    7 Jan, 12:05 AM Reply Like
  • 6151621
    , contributor
    Comments (1174) | Send Message
     
    >>The price of fuel from the sun won'r go up.<<

     

    Yes, it will up if you consider harnessing the sun's energy into electricity requires many commodities that long-term will cost more. Thus, long-term the costs will go up--no doubt about this.
    7 Jan, 02:31 AM Reply Like
  • MKMCompany2010
    , contributor
    Comments (35) | Send Message
     
    The space required to meet all the current and future energy needs of this country with Solar and Wind are not obtainable. Do the math. We are going to have to use what resources are available and that includes fossil fuels.
    8 Jan, 10:14 AM Reply Like
  • BermudaHigh
    , contributor
    Comments (470) | Send Message
     
    Considering one had to pay between $40 and $90 (yes, that is US dollars) per mmbtu for gas in the Northeast today yeah, I'd say that relying too much on cheap gas for power generation in the future is not a great idea. King coal!
    7 Jan, 01:10 AM Reply Like
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