US Coal Exports
Exports Economic Contributions Report
Jun 28 2013

Asian Markets Importing More U.S. Coal (Sheridan Press)

U.S. coal exports making steady inroads into Asian markets 

SHERIDAN — U.S. coal exports have made steady inroads into Asian markets since 2007, according to figures released last week by the U.S. Energy Information Administration.

Almost all exported coal to Asia went to the world’s top four coal importers: China, Japan, India and South Korea. The continent’s share of total U.S. coal exports increased from 2 percent in 2007 to 25 percent in 2012.

Despite that growth, U.S. coal provided less than 4 percent of Asia’s total coal imports in 2012 and less than 1 percent of total coal consumed by the four large Asian imports.

According to the EIA, several forces in the U.S. coal supply chain — both producers and railways — have contributed to the growth in exports. The trend is due in large part to rising Asian coal demand, overall strong export prices and lower U.S. consumption of coal to produce electricity.

Additionally, occasional factors such as supply disruptions in other coal-exporting countries such as Australia have provided temporary boosts to U.S. exports.

The planners behind several proposed shipping terminals in the Pacific Northwest hope to construct the infrastructure necessary to increase exports even further, but concerns about environmental impacts and the potential harming of landowners and their ability to earn a living through professions such as ranching and farming have caused concerns among citizens and lawmakers in recent months.

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
  • “It is in the national interest to promote clean and safe development of our Nation's vast energy resources, while at the same time avoiding regulatory burdens that unnecessarily encumber energy production, constrain economic growth, and prevent job creation. Moreover, the prudent development of these natural resources is essential to ensuring the Nation's geopolitical security.”
    – 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.”
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  • “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
  • “Access to electricity is strongly correlated with every measurable indicator of human development”
    — Berkeley Science Review, 2008

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