Tuesday, April 10, 2012

Coal exports surge to highest level since 1991

http://hosted.ap.org/dynamic/stories/U/US_COAL_SURGING_EXPORTS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-04-10-19-36-13

U.S. coal exports reached their highest level in two decades last year as strong demand from Asia and Europe offered an outlet for a fuel that is falling from favor at home.

U.S. Department of Energy data analyzed by The Associated Press reveal that coal exports topped 107 million tons of fuel worth almost $16 billion in 2011. That's the highest level since 1991, and more than double the export volume from 2006.

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