how much money does the coal industry make

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  • What is the average price of coal in the US?

  • The electric power sector accounted for about 91.4% of the total U.S. coal consumed in 2020. The average sales price of bituminous coal was $50.05 per short ton, a 15.1% decrease from the 2019 level. The average sales price of subbituminous coal was $14.43 per short ton, a 3.0% increase from the 2019 level.

  • How much does the coal industry really contribute to the economy?

  • It found that the coal industry directly employs 49,300 people, indirectly employs almost 130,000 people and its economic contribution is valued at $43 billion, a growth of 20% over six years. While seemingly impressive, the figures lose their shine under examination.

  • How much coal is there in the world?

  • In 2019, in situ Economic Demonstrated Resources (EDR) of black coal reached 89,707 million tonnes (Mt) and brown coal amounted to 85,634 Mt (Figure 2). Recoverable resources, however, provide a more accurate assessment of coal endowment as it includes losses that occur during mining and processing.

  • What are the highlights of the coal industry for 2019?

  • Highlights for 2019 1 U.S. coal production decreased 6.6% year over year to 706.3 million short tons (MMst). 2 The total productive capacity of U.S. … 3 The average number of employees at U.S. … 4 U.S. … 5 U.S. … 6 The average sales price of bituminous coal was $58.93 per short ton, a 0.8% decrease from the 2018 level. … 7 Total U.S. …

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