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In Appalachia, Coal Struggles to Compete With Natural Gas

Wall Street Journal Original article ›

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Marcellus Shale natural gas prices are monthly average of $2.80 per million BTU compared to benchmark U.S. prices for natural gas of $3.61 in Nov. 2013. The low prices of natural gas are leading to closing of more coal powered plants in the Pennsylvania, and W. Virgina, where a glut of natural gas is developing with few pipelines in the region. For the U.S. coal lost market share down to 37% in 2012 from about 50% of the electricity generated in the U.S. Over 100 coal burning generators were closed in the U.S. since 2011 because of lower natural gas prices and the federal government's stricter pollution limits for power plants.

China's steel making industry and the coal mining industry of the Appalachian region in the U.S.

09/27/2012

Between 2004-2011 China's steel making industry expanded rapidly leading to huge demand for metallurgical coal from the Appalachian region. In 2012 prices have dropped about 50% to $170 a ton for met coal, leading to layoffs and closing of mining operations. Patriot Coal of St. Louis filed for bankruptcy protection in 2012.

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Colombia, China Close In on Coal and Railway Deal

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In Appalachia, Coal Struggles to Compete With Natural Gas

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China Makes Environmental Case for Increasing Big Coal's Clout

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China's Leaders Move to Rein In Steel Mecca

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The U.S. coal mining industry 2005-2013

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The U.S. coal mining industry surged with the demand for metallurgical coal from the Chinese steel industry. Prices reached a high of $330 after the floods in Australia's Queensland coal producing region in 2011. Now prices have dropped by half with the return of Australian coal and the slowdown in China. This is resulting in layoffs in the coal industry and hard times in W. Virginia and the Appalachian coal mining region in 2012.

Grouped Articles

In the Midwest, Coal Stages a Comeback

Wall Street Journal 05/05/2013

Coal Falls Out of Favor As Utilities Go 'Green'

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Heard on the Street: U.S. Coal vs. the World

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Colombia, China Close In on Coal and Railway Deal

Wall Street Journal 10/18/2013

In Appalachia, Coal Struggles to Compete With Natural Gas

Wall Street Journal 11/30/2013

The New Future for American Coal: Export It

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U.S. Coal Industry

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Grouped Articles

In the Midwest, Coal Stages a Comeback

Wall Street Journal 05/05/2013

Coal Falls Out of Favor As Utilities Go 'Green'

Wall Street Journal 04/23/2010

Heard on the Street: U.S. Coal vs. the World

Wall Street Journal 09/22/2013

In Appalachia, Coal Struggles to Compete With Natural Gas

Wall Street Journal 11/30/2013

The Poor Need Cheap Fossil Fuels

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Cheap Natural Gas Unplugs U.S. Nuclear-Power Revival

Wall Street Journal 03/15/2012

U.S. utilities converting from coal to natural gas

02/04/2008

Grouped Articles

Coal Falls Out of Favor As Utilities Go 'Green'

Wall Street Journal 04/23/2010

Heard on the Street: U.S. Coal vs. the World

Wall Street Journal 09/22/2013

In Appalachia, Coal Struggles to Compete With Natural Gas

Wall Street Journal 11/30/2013

The Poor Need Cheap Fossil Fuels

New York Times 12/03/2013

Natural-Gas Inventories Show a Shift in Market

Wall Street Journal 12/27/2013

Cheap Natural Gas Unplugs U.S. Nuclear-Power Revival

Wall Street Journal 03/15/2012


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