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Released July 29, 2020 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
COAL
2019 U.S Coal Production Fell to Lowest Since 1978 - In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year's production was the lowest amount of coal produced in the United States since 1978, when a coal miners' strike halted most of the country's coal production from December 1977 to March 1978. (EIA)
NATURAL GAS
U.S. Natural Gas Futures Jump Nearly 4% - U.S. natural gas futures jumped almost 4% on Tuesday as pipeline exports increase despite forecasts for less hot weather and lower air conditioning demand over the next two weeks than previously expected. Gas futures for August delivery rose 6.6 cents, or 3.8%, to settle at $1.80 per million British thermal units (mmBtu). September futures, which will soon be the front-month, were up about 7 cents to $1.86 per mmBtu.
POWER
Duke Energy Begins North Carolina Solar Project - Duke Energy Corporation (NYSE:DUK) has begun construction on the 69-megawatt Maiden Creek solar facility, located in the Catawba County, North Carolina. (Project 300558802) (PR Newswire)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
COAL
2019 U.S Coal Production Fell to Lowest Since 1978 - In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year's production was the lowest amount of coal produced in the United States since 1978, when a coal miners' strike halted most of the country's coal production from December 1977 to March 1978. (EIA)
NATURAL GAS
U.S. Natural Gas Futures Jump Nearly 4% - U.S. natural gas futures jumped almost 4% on Tuesday as pipeline exports increase despite forecasts for less hot weather and lower air conditioning demand over the next two weeks than previously expected. Gas futures for August delivery rose 6.6 cents, or 3.8%, to settle at $1.80 per million British thermal units (mmBtu). September futures, which will soon be the front-month, were up about 7 cents to $1.86 per mmBtu.
POWER
Duke Energy Begins North Carolina Solar Project - Duke Energy Corporation (NYSE:DUK) has begun construction on the 69-megawatt Maiden Creek solar facility, located in the Catawba County, North Carolina. (Project 300558802) (PR Newswire)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
