Commentary
In the United States, coal consumption hit an all-time high in 2013, and soon after most every Wall Street bank and liberal activist declared coal as dead.
Still, coal energy was the dominant form of energy in the United States until 2016, and this year global coal consumption is set to reach 2013’s record levels. In February of this year, Central Appalachian coal production hit a two-year high. Now the price of coal is rising to record levels in the United States and across the world.
Sounds like a tremendous amount of activity for an industry that has been declared dead.
What gives?…
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