US Coal Exports
Exports Economic Contributions Report
Jun 20 2013

U.S. Coal Exports Gain Momentum (Australian Journal of Mining)

US thermal coal exports gain momentum

US thermal coal exports continue to develop as a threat to Australia’s beleaguered miners, on the back of growing Asian demand.

The US Energy Information Administration (EIA) reports that growth in the Asian market saw the US top its monthly coal export record in March, hitting 13.6m short tons, 0.9m tons above the previous monthly export peak from June 2012.
“Increased Asian demand for coal contributed to the record level of coal exports from the United States in March. Of the record export tonnage, 6.3 million short tons were steam coal and 7.4 million short tons were metallurgical coal,” an EIA report stated.

The EIA expects the US will ship over 100m tons for the third year in a row in 2013, following annual exports in 2011 of 107.3m tons and record annual exports in 2012 of 125.7m short tons.
The lack of export capacity from US’ west coast, the country’s largest thermal coal producing region, is a significant hurdle for the industry.
However, the EIA reports that Seattle customs district has seen rapid growth over the past several years exporting steam coal via rail to Canada, where it is then shipped to Asia.
Last week, AJM reported that US thermal coal producers are seeking new markets as a result of the shale gas boom drying up domestic demand for their product.
The Governor of Wyoming, the US’ leading coal producing state and home of the Powder River Basin, recently visited a Canadian coal port in an effort to open export routes for his region’s miners.

See article here.

  • “The fact that we’re no longer in the age of energy scarcity – that we’re in the age of energy abundance – positions the United States in a totally different place. This gives access to affordable, reliable energy in the United States, and gives the U.S. a major competitive advantage.”
    – Dave Banks, Special Assistant to President Donald Trump for International Energy, June 2017
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    – Executive Order on Promoting Energy Independence and Economic Growth, March 28, 2017
  • “Historically, U.S. companies seeking to expand their revenues focused first on increasing their number and share of U.S customers. For years, this focus served as a winning strategy for many of the most successful U.S. companies. Today, global economic trends make clear that successful companies are those that reach and sell to consumers outside U.S. borders and around the globe.”
    — 2011 National Export Strategy, U.S. Trade Promotion Coordinating Committee
  • “Federal regulatory agencies should not require climate change studies in the course of their permitting processes for proposed facilities. Coal will be consumed around the world regardless of U.S. trade policy. The only question is whether the coal is produced here in North America, where environmental standards are high, or elsewhere.”
    — U.S. Senator Lisa Murkowski, January 7, 2014
  • “At present 19% of the world’s population, 1.3 billion people, lack access to electricity and on New Policy Scenario projections there will still be 1 billion people without such access in 2030. To meet the UN Millennium Development Goal of eradicating extreme poverty by 2015, 395 million more people need access to electricity. There is a strong correlation between electrification and improvement in the United Nations’ Human Development Index.”
    — International Energy Agency, Coal Industry Advisory Board
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    — Berkeley Science Review, 2008

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