Finally Coal Is Rollin!

corey · Post by **corey** » Sun. Dec. 04, 2016 8:25 pm

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Finally coal is moving in far southwest VA. This is close to me McClure deep mine 41.

johnjoseph · Post by **johnjoseph** » Sun. Dec. 04, 2016 9:15 pm

Great picture! Send me a car load.

corey · Post by **corey** » Mon. Dec. 05, 2016 7:51 am

I heard some is going to steel mills and of course the rest China...

Post by **fifthg** » Mon. Dec. 05, 2016 8:05 am

India is the big market expected to develop for world coal producers.Trump will be a help for us to compete.

corey · Post by **corey** » Mon. Dec. 05, 2016 8:17 am

I don't agree with all the coal going overseas. I am hoping Trump helps industry in the US. We need it back and the coal drives it.

Post by **fifthg** » Mon. Dec. 05, 2016 8:34 am

We are lucky to have something to export,and coal is what the US has in such abundance.We import so many goods,and coal can help us balance our world trading situation.Hopefully,China will increase their imports of our coal,too.I certainly hope we can increase domestic demand as well.

Sunny Boy · Post by **Sunny Boy** » Mon. Dec. 05, 2016 10:47 am

fifthg wrote:We are lucky to have something to export,and coal is what the US has in such abundance.We import so many goods,and coal can help us balance our world trading situation.Hopefully,China will increase their imports of our coal,too.I certainly hope we can increase domestic demand as well.

+1

According to this Gov data, our coal exports are down about half of what they were in 2012.
http://www.eia.gov/coal/production/quarterly/

With having one of the world's largest coal reserves, and mines shutting down for lack of demand, what I don't understand is why have we been importing coal ?

Paul

KingCoal · Post by **KingCoal** » Mon. Dec. 05, 2016 12:24 pm

Sunny Boy wrote:
fifthg wrote:We are lucky to have something to export,and coal is what the US has in such abundance.We import so many goods,and coal can help us balance our world trading situation.Hopefully,China will increase their imports of our coal,too.I certainly hope we can increase domestic demand as well.
+1

According to this Gov data, our coal exports are down about half of what they were in 2012.
http://www.eia.gov/coal/production/quarterly/

With having one of the world's largest coal reserves, and mines shutting down for lack of demand, what I don't understand is why have we been importing coal ?

Paul

Imperialism buddy.

go as far and wide as you have to and install agreeable leadership of nations in order to use up other continents natural resources before you use your own.

been the name of the game from the begining of this nation and of all other then world powers before that.

sad but enduring fact.

corey · Post by **corey** » Mon. Dec. 05, 2016 2:09 pm

+1

According to this Gov data, our coal exports are down about half of what they were in 2012.
http://www.eia.gov/coal/production/quarterly/

With having one of the world's largest coal reserves, and mines shutting down for lack of demand, what I don't understand is why have we been importing coal ?

Paul[/quote]

Mines are opening back up now.

Post by **fifthg** » Mon. Dec. 05, 2016 2:37 pm

This is what happens when a delicate balance ,established in a fairly free market,is upset completely by governmental interference.Producers have invested according to conditions that no longer exist.For example,the steam coal market(power plants) is under the heaviest bombardment,and the met coal market(steel mills)is under less pressure.Thus,there is a huge surplus of steam coal sitting around,which should be making cash flow for the miners.The domestic met coal market isn't all that strong,but there is some demand for export of that coal.There may,due to certain specifications of the coals,and often due to transportation expenses,be an opening for a coal in short supply domestically,then that coal is imported.The foreign producers are often subsidized,while your domestic producers are expected to compete with a ball and chain around their ankles.

Sunny Boy · Post by **Sunny Boy** » Mon. Dec. 05, 2016 3:43 pm

corey wrote:+1

According to this Gov data, our coal exports are down about half of what they were in 2012.
http://www.eia.gov/coal/production/quarterly/

With having one of the world's largest coal reserves, and mines shutting down for lack of demand, what I don't understand is why have we been importing coal ?

Paul

Mines are opening back up now.[/quote]
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Glad to hear it !

Been doin' my part to help. Couple of years ago, I doubled the size of my coal bin and I've ordered extra each year since.

Paul

johnjoseph · Post by **johnjoseph** » Mon. Dec. 05, 2016 5:40 pm

Anthracite is the most expensive and least abundant correct? Pennsylvania has the largest amount of anthracite in the USA? What mines are opening up?

Post by **coaledsweat** » Mon. Dec. 05, 2016 6:06 pm

johnjoseph wrote:Anthracite is the most expensive and least abundant correct? Pennsylvania has the largest amount of anthracite in the USA? What mines are opening up?

Pennsylvania has the largest amount in the world. IIRC, 80% of the world's anthracite in them thar hills

Post by **fifthg** » Mon. Dec. 05, 2016 6:32 pm

Most valuable,highest carbon,and least abundant coal,for all practical purposes.The oldest,geologically.Has been found and developed in many countries in the last quarter century or so.China,S. Africa,Peru,N.and S.Korea,Vietnam ,just to name a few.British Columbia is developing the largest known,remaining reserve right now.It could be curtains for Pa. anthracite soon.

Post by **coaledsweat** » Mon. Dec. 05, 2016 6:47 pm

fifthg wrote:It could be curtains for Pa. anthracite soon.

Over 400 years of reserves in NEPA, it isn't going to bow out. It has a saviour, activated carbon which is used for water filtration is made from anthracite.