Coal production in the U.S. again finished lower this past week, according to the latest report from the Energy Information Agency (EIA) and the National Mining Association.
Production in the United States is down by 1.63 million tons (7.6%) for the week ending May 2 compared to the same time last year. Production for the week stood at 17.36 million tons compared to 18.98 million tons for the same week in 2014. Cumulative production for the year-to-date is also down sharply as of May 2 coming in at 315.27 million tons compared to 333.86 million tons last year – a decline of 18.59 million tons or 5.4%. Production for the previous 52 weeks also trended lower – finishing at 979.05 million tons compared to 986.49 million tons for the same period ending in 2014.
The number of rail car loadings was also down sharply, finishing the week down 9.7% from the same period last year. Rail car loadings are also down sharply year-to-date – off 5.3% from the same period in 2014.