Oil, Gas, And Fracking News Read 21March 2021
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States looking to decarbonize may need to weigh their gas s origin – study
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Source: Alan J. Nash
The owner of the second-largest coal mine in the U.S. by production volume is planning for the asset s closure as retirement dates approach for several plants that burn much of the mine s fuel.
Coal demand in the U.S. has been declining for years, and Arch Resources Inc. announced Feb. 9 that it would be winding down its thermal coal operations, including those at Black Thunder, a Wyoming mine that produced 12.7 million tons of coal in the fourth quarter of 2020. Black Thunder production represented about 9.7% of the coal mined in the country in that period, according to an S&P Global Market Intelligence analysis.