Will Exports Drive a Revival of the U.S. Coal Industry?

SUGAR LAND--July 25 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--President Donald Trump has vowed repeatedly to revive the U.S. coal-mining industry. Despite steps he has taken to relax environmental regulations relating to coal, few U.S. utilities say they plan to significantly alter their fuel resource decisions and burn more coal. However, coal shipments are up compared with 2016, and a little-noticed effort by the administration may hint at how and where a U.S. coal-industry revival could take place: in overseas markets.

Within this article: Information on reports of plans by the Trump administration to promote the coal industry. Additional companies: BP Plc (NYSE:BP), Union Pacific Corporation (NYSE:UNP), CSX Corporation (NASDAQ: CSX)