Colorado Coal: Down but Not Out, Officials Say
Colorado Coal: Down but Not Out, Officials Say
Attachment: Henry Hub NG Prices, Colorado Coal Production, US Coal Production
SUGAR LAND--February 27, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)-- Attendees at the Colorado Mining Association's 119th National Western Mining Conference heard dour news about Colorado coal in a session February 20, yet CMA officials and members denied they were managing the decline of an industry. Colorado's coal production has fallen by more than 68% since 2004. Five of the state's 13 mines have been closed since that year. And it's expensive and logistically challenging to get Colorado's coal to overseas markets.
Within this article: The positives and the negatives facing Colorado's coal industry, including high hopes for the Trump administration and where prices might go.
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