US Coal Exports
Exports Economic Contributions Report
Oct 16 2013

West Virginia Coal Exports Increase (Wheeling News-Register)

W.Va. Exports Up

WHEELING – West Virginia exported $7.4 billion worth of coal in 2012, meaning minerals extracted from local mines may be burned in China or Brazil.

However, coal is but one of the many products West Virginia sends to continents such as Asia, South America and Europe, according to the state Development Office.

During the Tuesday Wheeling Economic Outlook Conference at Oglebay Park, West Virginia University officials and other leaders discussed the state of the local and national economies.

“Coal production is going to grow between now and 2040,” said Don Rigby, executive director of the Wheeling-based Regional Economic Development Partnership. “The question is, ‘Where is it going to be burned?'”

Faced with ever-increasing environmental scrutiny in the U.S., coal producers can look abroad to sell their products. West Virginia led the nation by exporting $7.4 billion in coal last year, followed by Alabama with $1.7 billion, Pennsylvania with $1.25 billion, Louisiana with $1.14 billion and Missouri with $680 million.

However, coal is far from all that West Virginia industries are sending overseas. In fact, the dollar value of products made in the Mountain State was $11.3 billion in 2012, up from $2.4 billion in 2003.

To countries such as Chile, South Africa, Belgium, France, the Netherlands and Ukraine, West Virginia exported $1 billion worth of plastics last year. Other exported products include machinery, chemicals, aerospace components, medical devices, automotive parts, aluminum, wood products, electrical machinery and rubber products.

Following months of review and consideration, Department of Energy officials decided to allow Dominion Resources to export liquefied natural gas to countries such as India and Japan.

Thomas F. Farrell II, Dominion chairman, president and chief executive officer, has said much of this gas will be drawn from the Marcellus and Utica Shale drilling operations in Ohio and West Virginia.

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.”
    — 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
  • “Access to electricity is strongly correlated with every measurable indicator of human development”
    — Berkeley Science Review, 2008

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