Sunday, February 3, 2013

Global Coal -- Nothing To Do With The Bakken -- For Archival Purposes

Updates

February 11, 2013: coal exports hit record.
Last year the U.S. broke its coal export record reaching 120 millions tons, doubling its 2009 exports.
However, the rapid increases in coal exports are being supported by Europe and other emerging energy hungry nations. England’s coal demand was up 50% in Q3 and they are only a small contributor to the $13.8 billion worth of coal that was exported in the U.S. during the first 11 months of 2012. Coal should also see a boost in countries such as Germany as nuclear-power plants are starting to be shut down. Over the next 5 years, global coal demand is expected to increase by over one billion tons.
Original Post 

Global consumption of coal at The Oil Drum.

India uses less than China but India imports more: India imports about 120 million tons; China, about 100 million pounds.

The world consumes about 4 billion tons of coals excluding China. China will consume about 4 billion tons of coal this year.

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