U.S. Coal Output Hits 2017 High

U.S. coal production is on the rise, hitting a high last week
of 17.025 million tons, according to the Energy Information
Administration. That’s 3.4 percent more than in the previous week
and 12.3 percent over the output for the same week a year earlier.
Year-to-date coal output was also higher than last year’s
comparable period, by 14.2 percent to 499.3 million short tons.
Despite the rise in U.S. coal production, coal inventory seems to
be falling, Platts estimates suggest. The company’s Bentek Energy
unit estimated inventories…

U.S. coal production is on the rise, hitting a high last week
of 17.025 million tons, according to the Energy Information
Administration. That’s 3.4 percent more than in the previous week
and 12.3 percent over the output for the same week a year earlier.
Year-to-date coal output was also higher than last year’s
comparable period, by 14.2 percent to 499.3 million short tons.
Despite the rise in U.S. coal production, coal inventory seems to
be falling, Platts estimates suggest. The company’s Bentek Energy
unit estimated inventories…