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For Additional Information:
John Grasser (202) 463-2651
Karen Batra (202) 463-2651
FOR IMMEDIATE RELEASE
February 28, 2001
U.S. COAL PRODUCTION APPARENTLY
SETS ALL-TIME RECORD IN JANUARY
Washington--U.S. coal production in January may have set an all-time
record for one month at 101.5 million tons, according to preliminary
statistics of the U.S. Energy Information Agency (EIA).
January 2001 production was 16 percent higher than the previous
January and also 16 percent higher than production in December 2000.
It also was the first time production topped 100 million tons in
one month.
"The rise in coal production underscores an important fact
about energy in the United States," said Jack Gerard, president
and chief executive officer of the National Mining Association.
"When Americans need more electric power, the first choice
of power generators is coal affordable, reliable coal."
The EIA figures are based on factors that include railcar loadings.
Much of January increase was in production in the Powder River Basin
of Wyoming, which chiefly supplies power producers in the West and
Midwest.
The EIA's preliminary figures are reported in the Weekly Statistical
Summary of the National Mining Association.
Preliminary statistics gathered by the electric power industry
show a 5 percent increase in electricity output in the first four
weeks of January 2001 over the same period of a year ago.
More than half of Americas electricity is generated from
coal. Coal is our nation's most abundant energy resource, accounting
for more than 90 percent of all fossil energy reserves and representing
a secure supply for the next 250 years. On average, coal-fired power
is less than one-half the cost of oil, and at current prices, coal
power is about one-fifth the cost of natural gas. Modern technologies
have made coal-fired generation increasingly clean.
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