Union Pacific Offers Committed, Cautious Support for Coal Market Partners

(SNL, September 13) – Addressing concerns about coal’s declining presence on the nation’s rail lines, Union Pacific Corp. Executive Vice President and Chief Market Officer Eric Butler kicked off the National Coal Transportation Association fall meeting with words of support for the ailing industry. “We love coal,” he said. “I know there are some other railroads […]

Powder River Basin Markets Heating Up as Deals Heard

(Platts, September 13) – Powder River Basin coal term prices have strengthened as utilities are making purchasing decisions based on higher-than-expected burn rates and higher gas prices forecast for next year, sources said Monday. Utilities are starting to make buying decisions based on gas prices, particularly for 2017, when gas prices are forecast to rise above […]

After Bankruptcy, Arch Coal Will Put Up Cash to Guarantee Mine Cleanup

(Casper Star Tribune, September 13) – Arch Coal will use traditional insurance to guarantee that nearly $400 million in cleanup work eventually happens at its Wyoming mines, according to a restructuring plan approved Tuesday by a federal bankruptcy judge. The plan moves the coal giant away from self-bonding, a contentious practice that allows companies to […]

Hot Weather, Rising Natural Gas Prices Help to Bring Coal Stockpiles Lower

(SNL, August 24) – Through the first half of the year, natural gas has a healthy lead over coal in terms of generation market share, but June figures show domestic coal-fired generation climbing substantially versus the prior month. Analysts say rising coal burn coupled with continued producer discipline could lead to a return to normal […]

Geological Report Highlights Wyo. Uranium

(Wyoming Business Report, August 24) – A new public information circular on uranium in Wyoming concludes that the future looks good for the heavy-metal element as a clean energy alternative to traditional fossil fuel sources. The report — “Uranium: Geology and Applications” — which was issued today by the Wyoming State Geological Survey (WSGS), said the […]

Poll: Majority of Voters Support Coal as Part of a Diverse Mix of Energy Resources

(Count on Coal, August 23) – A majority of American voters support the use of coal as part of a diverse mix of energy resources, according to national polling released today by the National Mining Association (NMA). With arguments on the Clean Power Plan (CPP) just weeks away, the poll, conducted Aug. 3-5, found that […]

‘Coal Reimagined’: Technology Revives Notion of Oil, Chemicals from Coal

(SNL, August 23) – The vast majority of coal currently consumed in the U.S. goes into the power plants that run the nation’s electric grid, but some see that as a waste of the black rock that is currently falling out of favor as a domestic fuel source. George Skoptsov, president and CEO of Pennsylvania-based […]

Wyoming Reaches Deal with Japan to Research Clean Coal

(Wyoming Business Report, July 27) – Gov. Matt Mead has signed a cooperation agreement between Wyoming and a consortium of Japanese companies to research clean-coal technology, it was announced Tuesday. Mead and Osamu Tsukamoto, president of Japan Coal Energy Center (JCOAL), executed a Memorandum of Understanding (MOU) yesterday committing to cooperation in coal research and development […]

Westmoreland: ‘On track’ to Meet 2016 Guidance; Expects Stronger Second Half

(SNL, August 2) – Despite reporting a loss of more than $25 million for the second quarter, Westmoreland Coal Co. on Aug. 2 added its voice to a growing list of producers expecting coal business to pick up in the second half of 2016. Westmoreland reported a net loss of $25.4 million, or a loss of […]

Mead Makes Lengthy Case for Ending Coal Lease Moratorium

(Wyoming Business Report, August 1) – Gov. Matt Mead made his case for bringing an end to the Department of the Interior’s moratorium on new coal leases in a letter sent to Secretary of the Interior Sally Jewell and Bureau of Land Management Director Neil Kornze on Friday. Mead’s formal comments strongly oppose the moratorium, […]