Coal-fired electricity generation has had a modest rebound this year, but modestly increased coal generation has not been a rising tide lifting all coal boats.
Coal production is down 1.8%. Coal consumption is up 4.4%. Exports are down 8.1%
http://www.eia.gov/forecasts/steo/pdf/steo_full.pdf.
All that has added up to coal prices falling about 2%, the first decline since 2000! That declining price signals distress and competitive pressure from natural gas as well as renewable energy.
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