U.S. Coal Output Up 9.6% Year On Year

U.S. coal output last week stood at 16.7 million short tons,
according to estimates from the Energy Information Administration.
This compares to 17.025 million tons in the prior week – a
record-high for 2017. Both weekly figures represent substantial
increases on an annual basis, by 9.6 percent and 3.4 percent,
respectively. Over the long term, however, the increase will be
unsustainable, analysts believe. The current increase is prompted
by an increase in international coal prices, itself driven by an
output decline in China and supply disruptions…

U.S. coal output last week stood at 16.7 million short tons,
according to estimates from the Energy Information Administration.
This compares to 17.025 million tons in the prior week – a
record-high for 2017. Both weekly figures represent substantial
increases on an annual basis, by 9.6 percent and 3.4 percent,
respectively. Over the long term, however, the increase will be
unsustainable, analysts believe. The current increase is prompted
by an increase in international coal prices, itself driven by an
output decline in China and supply disruptions…