Commodity/Fuel |
Avg. BTU |
SO2 |
Price |
Price/mmBTU |
Central Appalachia |
12,500 |
1.2 |
$ 52.88 |
$ 2.12 |
Northern Appalachia |
13,000 |
3.0 |
$ 60.92 |
$ 2.34 |
Illinois Basin |
11,800 |
5.0 |
$ 40.77 |
$ 1.73 |
Powder River Basin |
8,800 |
0.8 |
$ 11.55 |
$ 0.66 |
Uinta Basin |
11,700 |
0.8 |
$ 39.82 |
$ 1.70 |
Natural Gas (Henry Hub) |
n/a |
0.01 |
n/a |
$ 2.50 |
Coal production in the U.S. again finished lower this past week, according to the latest report from the Energy Information Agency (EIA) and the National Mining Association.
Production in the United States is down by 2.2 million tons (11.6%) for the week ending April 25 compared to the same time last year. Production for the week stood at 16.92 million tons compared to 19.14 million tons for the same week in 2014. Cumulative production for the year-to-date is also down sharply as of April 25 coming in at 298.36 million tons compared to 314.85 million tons last year – a decline of 16.49 million tons or 5.2%. Production for the previous 52 weeks was also lower – finishing at 980.67 million tons compared to 113.31 million tons for the same period ending in 2014.
The number of rail car loadings was also down sharply, finishing the week down13.2% from the same period last year. Rail car loadings are also down sharply year-to-date – off 5.2% from the same period in 2014.
Electric output was up slightly – by 1.1% for the week ending April 25 – but is down (-0.3%) year-to-date. Steel output continued its decline, down 7.3% for the week, finished at 1.71 million tons produced, with a capacity utilization factor of 76.6%, and it continues its slide year-to-date — down 6.9% to 28.12 million tons produced compared to 30.22 million tons for the same period last year. A decline in steel production is considered a leading indicator of the broader economy and the continued declines we are seeing in steel production usually translate into declines in durable goods orders and a softening of the national economy.