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EIA's Short-Term Energy Outlook

Consumption in the electric power sector continues to increase as a result of limited switching from natural gas-fired generators to coal-fired generators for power generation, despite elevated natural gas prices.

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Senate Republicans Effectuate Positive Changes to EPA’s Authority in IRA Before Passage

Yesterday, West VirginIa Coal Association (WVCA) reported a couple of noteworthy changes pertaining to EPA’s budget allotment and authority that were made to the IRA before it was passed by the Senate.

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EIA Expects a 2.4% Increase in Total U.S. Electricity Consumption in 2022

EIA expects U.S. electricity consumption this year to increase 2.4% over 2021, resulting primarily from increased economic activity but also from hot summer weather throughout most of the country.

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Manchin/Schumer Bill Does Not Reduce Inflation and Hurts Coal State

According to the University of Pennsylvania’s Wharton school, “The Inflation Reduction Act of 2022” championed by Senator Manchin and Senator Schumer likely would not reduce inflation at all.

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Ramaco Resources Buys West Virginia Coal Acreage, Expands Elk Creek Plant

Ramaco Resources (NASDAQ:METC) -1.8% post-market after saying it agreed to acquire Maben Coal, which owns 33M tons of minable coal reserves on more than 28K leased acres in West Virginia, from Appleton Coal for $30M.

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Mexico President Urges Increased Effort to Save Trapped Miners

Mexican President Andres Manuel Lopez Obrador called Sunday for intensified efforts to save 10 workers trapped in a flooded coal mine, during a visit to see firsthand the rescue operation.

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Other News
Bluefield Coal & Mining Show to Feature Live TV Interviews

For the second time, and building on its exceptional offerings for exhibitors, the Chamber of Commerce of the Two Virginias is providing the additional service of live television interviews.

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Reining in the EPA

In a majority decision in West Virginia v. EPA, the U.S. Supreme Court placed important limits on the authority government agencies have to unilaterally issue transformative regulations of vast economic and political significance.

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