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Coal Is No. 1
Townhall.com ^ | August 1, 2017 | Stephen Moore

Posted on 08/01/2017 4:56:49 AM PDT by Kaslin

Quick: What was the No. 1 source of electricity production in the U.S. during the first half of 2017? If you answered renewable energy, you were wrong by a mile. If you answered natural gas, you were wrong by a tiny amount.

According to the Energy Information Administration, which tracks energy use in production on a monthly basis, the single largest source of electric power for the first half of 2017 was coal.

That's an amazing finding, because liberals, especially environmental groups, keep telling us that coal is a dead industry. They ridiculed Donald Trump and called him a liar when he said that he would revive the coal industry and the related jobs. "Coal Isn't Coming Back," a New York Times piece assured us a few weeks after the election. "Saving coal is one promise (Trump) won't be able to keep," the author predicted. The Financial Times was even more blunt in its headline last month: "Coal Is Dead; Long Live the Sun."

Let's see if the left issues a retraction. Don't hold your breath.

According to the EIA's July report, "EIA estimates that the share of total U.S. generation fueled by natural gas during the first half of this year averaged 29 percent. ... In contrast, coal's share of generation rose from 28 percent in the first half of 2016 to 30 percent in (the) first half of 2017." For the full year of 2017, EIA estimates that coal will generate 3.453 million kilowatts per day, while natural gas, because of a rise in its retail price this year, will generate a hair less, or 3.432 million kilowatts. Wind and solar remain niche sources of energy, providing about one-seventh as much power as coal and gas.

That's not all. The Department of Commerce's Bureau of Economic Analysis released reports on July 21, 2017, that "mining increased 21.6 percent. ... The first quarter growth primarily reflected increases in oil and gas extraction, as well as support activities for mining. This was the largest increase since the fourth quarter of 2014." No other major American industry had such gains, and across all industries output was up less than 2 percent.

Liberals complain that coal activity isn't a major producer of jobs because the industry is producing a lot more coal with a lot fewer workers. That is absolutely true. Ladies and gentlemen, that is called productivity. A new study by the Institute for Energy Research points out that it takes wind and solar at least 30 times more man-hours to produce a kilowatt of electricity than are required to produce that same energy from coal or oil. If you don't think this productivity advantage of fossil fuels is a good thing, then you probably think we should bring farm jobs back by abolishing tractors and modern farm equipment.

But coal jobs are not just tied to the actual mining of coal. Coal is tied to steel jobs, trucking jobs and manufacturing jobs. Using cheap and efficient energy makes every other American industry more productive and thus makes American employers far more competitive in global markets. Productivity creates higher-paying jobs in America; it doesn't destroy them.

We are not the only country that is using a lot more coal. The New York Times, of all places, reports: "Chinese companies are building or planning to build more than 700 new coal plants at home and around the world, some in countries that burn little or no coal." India is building hundreds more.

Does any of this sound like the last gasps of an industry that is "dead"?


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Editorial; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: coal; energy; industry; stephenmoore; third100days; trump; trumpenergy; trumpwinsagain
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1 posted on 08/01/2017 4:56:49 AM PDT by Kaslin
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To: Kaslin

Elon Musk has some pretty cool coal-powered cars. But they are expensive.


2 posted on 08/01/2017 4:59:48 AM PDT by ClearCase_guy (Islam: You have to just love a "religion" based on rape and sex slavery.)
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To: Kaslin
----the industry is producing a lot more coal with a lot fewer workers---

and guess what? Those fewer workers are mostly non union.

Yesterday it was announced there was a deal to sell American Coal to the Ukraine


3 posted on 08/01/2017 5:02:31 AM PDT by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
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To: Kaslin

“But coal jobs are not just tied to the actual mining of coal. Coal is tied to steel jobs, trucking jobs and manufacturing jobs.”

Coal also contributes into railroad jobs, transporting U.S. coal domestically, and shipping jobs for exporting coal. Coal exports were up this past year. And even if domestic use declines further, for whatever reason, exports are still likely to be stable or grow. Conversion to “renewables” is expensive and many markets need the coal.


4 posted on 08/01/2017 5:27:31 AM PDT by Wuli
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To: Kaslin

We have 14 coal trains that go through town each day.

And we have a Coal Trust Fund that has $1,000,000,000 in it (real money, not IOU’s).

Coal is good!


5 posted on 08/01/2017 5:32:27 AM PDT by BBB333 (The Power Of Trump Compels You!)
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To: Kaslin
"Does any of this sound like the last gasps of an industry that is "dead"?

Article is idiotic. How many coal-fired generating plants are planned to be constructed in the USA?? For electricity generation, coal can simply no longer compete with natural gas in the US.

6 posted on 08/01/2017 5:43:37 AM PDT by Wonder Warthog (The Hog of Steel and NRA Life Member)
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To: Kaslin

I went to the site of the Energy Information Administration and did not find a chart of info to back this up. Maybe there is an update problem...
If true, it refutes a new film out that lambasts the coal industry.


7 posted on 08/01/2017 5:49:53 AM PDT by ArtDodger
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To: Kaslin

The USA has at least a thousand year reserve of coal.


8 posted on 08/01/2017 5:56:11 AM PDT by Don Corleone (.leave the gun, take the canolis, take it to the mattress.)
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To: Wonder Warthog

Perhaps the article is going over your head.


9 posted on 08/01/2017 5:59:56 AM PDT by Kaslin (Civilibus nati sunt; sunt excernitur - Politicians are not born; they are excreted. (Cicero)
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To: Kaslin

Real time fuel mix on the MISO footprint;

https://www.misoenergy.org/MarketsOperations/RealTimeMarketData/Pages/FuelMix.aspx

Real time prices on the MISO footprint;

https://www.misoenergy.org/LMPContourMap/MISO_All.html


10 posted on 08/01/2017 6:10:42 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Wonder Warthog

Click the links in post ten.


11 posted on 08/01/2017 6:11:55 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: bert
After Trump meeting, Ukraine to import US thermal coal for the first time
12 posted on 08/01/2017 6:13:04 AM PDT by KC_Lion (If you want on First Lady Melania's, Ivanka Trump's or Sarah Palin's Ping Lists, just let me know.)
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To: Wonder Warthog

Also click the “Generation” button on this link;

http://pricecontourmap.spp.org/pricecontourmap/


13 posted on 08/01/2017 6:13:32 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Kaslin

obviously


14 posted on 08/01/2017 6:20:00 AM PDT by aumrl (let's keep it real Conservatives)
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To: dynoman; Kaslin
That's MISO, its going to be different in SPP, the Texas Grid, CAISO, or elsewhere.

The author is correct but he is wrong to think it is a revelation. EIA predicted this back in 2016.

The author is a well known opinion shifter writing at a right wing political website, which is not a good choice as a place to get your information on energy.

15 posted on 08/01/2017 6:57:17 AM PDT by Ben Ficklin
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To: Ben Ficklin

SPP is linked in post 13. It’s not different.


16 posted on 08/01/2017 7:08:18 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Ben Ficklin

MISO is running 10%-15% more coal in the fuel mix than last summer. I know because I watch the MISO map every day at work.


17 posted on 08/01/2017 7:13:36 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: dynoman
If you want to believe Town Hall, that is your choice.

Even if Trump and the GOP try to indemnify coal, coal use will continue to fall, but it won't cease, we will be using coal to generate in 2050.

The lions share of investment in new generation capacity over the next 40 years will be in renewables.

18 posted on 08/01/2017 7:23:40 AM PDT by Ben Ficklin
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To: dynoman

Your links lead to pretty graphics, but without some background explanation, I have no clue as to what you think they prove.


19 posted on 08/01/2017 7:49:44 AM PDT by Wonder Warthog (The Hog of Steel and NRA Life Member)
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To: Wonder Warthog

***coal can simply no longer compete with natural gas in the US. ***

But, but twenty years ago the Earf huggers were saying we were running out of natural gas! Close to fifty new power plants were being built most to run on Natural gas! WHERE WOULD THAT GAS COME FROM!
I saw several in construction going on vacation in 2001. In 2002 those same plants were shut down and abandoned.
Now they are up and running, on natural gas!

As for coal, Obama killed off lots of good working efficient coal plants. Our local one is still running after spending millions on unneeded but govt demanded upgrades.


20 posted on 08/01/2017 7:55:08 AM PDT by Ruy Dias de Bivar
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