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Markets & Forecasts

US role as coal player shrinks as more mines fail

Falling domestic coal demand has forced US producers to seek export outlets, but these too are under threat as gas has become more competitive Falling domestic coal demand has forced US producers to seek export outlets, but these too are under threat as gas has become more competitive.
By Alessandro Vitelli 14 November 2019 Americas / Pipelines, Storage & Power 0 34788
Welch coal mining company in West Virginia. (PA)

The key issue: The rise of gas in the US has side-lined coal as a fuel for power generation and forced numerous mining companies into bankruptcy.

Interfax analysis: When Donald Trump was elected president of the United States in 2016, he promised to revive the country’s coal industry. Since then, the administration has rolled back a raft of environmental regulations but it is clear coal is continuing its steady decline.

While Trump may have laid the blame for coal’s misfortunes at the feet of the...