Weekly Production / Consumption Report (March 20 Update)

West Virginia coal production slipped again week over week by -4.17%, declining by -3.6% in the NAPP region of the state and by -4.81% in the state's CAPP region.  National coal production also declined from the previous week by -6.7%:  -6.6% in the Appalachian region, -7.13% in the Interior region and -6.62% in the Western region.  Production from the entire NAPP thermal region declined by -5.72% week over week.  Implied national met production declined by -8% from previous week.

Prices for NAPP thermal coal increased week over week by +3% (+$1.60), CAPP pricing also increased by 3% (+$1.80).  ILB prices were unchanged.  PRB pricing declined by -0.4%, WBIT prices declined by -0.3% week over week.  Average U.S. natural gas pricing fell by -1.94% from the previous week.

Study Shows Coal Industry Generates Billions In Economic Activity for West Virginia

CHARLESTON, W.Va. A new study on the economic impact of West Virginia’s coal industry shows that even when facing the worst regulatory pressures in history, the mining and coal-fired power generation industries still generated nearly $14 billion in economic activity for the Mountain State.

“Coal and coal-fired electric power always has been a major driver behind West Virginia’s economy, and this study clearly demonstrates that not only is coal the bedrock of our economy, it’s a key component of our future,” said West Virginia Coal Association President Chris Hamilton. “Even following years of decline, the mining and coal-fired power generation industries remain one of the largest economic generators in the state.”

Weekly Production / Consumption Report (Feb .27 Update)

West Virginia coal production rebounded from the previous two weeks when transportation difficulties impacted coal shipments.  State production increased by +23.5%  Production from the NAPP region of the state increased by +24% and W.Va. CAPP production increased by +22.6

National coal production increased by +20%, with production from the entire Appalachian region increasing  by just over +20%

Final Mine Safety Rules Adopted by Safety Board

Throughout the past year, the West Virginia Board of Coal Mine Health & Safety has been updating the body of administrative law governing underground, surface and surface areas of underground coal mining.

The Board’s objective is to update, consolidate or reduce the number of rules affecting coal mine safety that have been affected by recent legislative activity and the enactment of Coal Jobs and Safety Acts over the past five years.

Earlier this week, the Board approved the five sets of Administrative Rules for final promulgation. These rules were proposed for public comment last year and will become effective on March 27th.

Weekly Coal Production / Consumption Report (Feb .20 Update)

Coal production declined week over week across the nation as production was impacted by transportation delays and difficulties associated with the extremely cold weather.

West Virginia coal production slipped again week over week, declining by -15.5%  Production from the NAPP region of the state decreased by -17% and W.Va. CAPP production declined by -13.3%.  National coal production decreased by -10%, with production from the entire Appalachian region declining by just over -10%.