AJOT | January 28, 2019 | Energy News | International Trade
EIA estimates that total 2018 U.S. coal production was 755 million short tons (MMst), 20 MMst less than in 2017 and 36% less than in the previous decade. In 2018, coal prices rose in three of the five major coal-producing regions, particularly the Northern and Central Appalachian regions. Although U.S. coal exports increased by about 10 MMst in 2018, volumes were not great enough to offset the decline in U.S. coal consumption, resulting in declining coal production.
Power generation in New England and New York is largely dependent on natural gas, which accounts for more than half of the region’s electricity generating capacity. About 58% of New England’s natural gas capacity has dual-fuel capability, meaning it can switch to other fuels such as petroleum-based fuels.
Crude oil production in Iraq averaged 4.5 million barrels per day (b/d) through August 2018, up from 4.4 million b/d in 2017. Iraq’s crude oil production has been steadily increasing since declines in the late 1990s and early 2000s, and it has nearly doubled over the past decade.