WV Coal Member Meeting 2024 1240x200 1 1

WEEKLY COAL PRODUCTION AND PRICE REPORT 5/28/15

Coal Commodity Region/Fuel

Avg. BTU

SO2

Price

Price/mmBTU

Central Appalachia

12,500

1.2

 $52.85

 $2.11

Northern Appalachia

13,000

3

 $60.90

 $2.34

Illinois Basin

11,800

5

 $40.45

 $1.71

Powder River Basin 

  8,800

0.8

 $11.55

 $0.66

Uinta Basin

11,700

0.8

 $39.30

 $1.68

Natural Gas (Henry Hub)

   n/a

0.01

    n/a

 $2.72

Coal production in the U.S. continued to fall this past week. Production for the week ending May 28 was fully 15.7% below last year’s levels, according to the latest report from the Energy Information Agency (EIA).

WEST VIRGINIA COAL 2015 & BEYOND

The WV Coal Forum, in conjunction with multiple local, regional and national partners, will host a series of five meeting across the state throughout the remainder of the year highlighting the challenges and opportunities facing West Virginia’s coal and energy sectors.  The series of educational and informational events will bring attention to the impact of U.S. EPA’s Clean Power Plan, state and federal environmental regulations and strategies for confronting these critical issues head on.

            Tentative Meeting Dates:

            Tuesday, June 9, 2015 – Charleston, WV – 8:30 a.m. to Noon – Embassy Suites

            Thursday, July 23 – Bluefield, WV – 9 a.m. to Noon – Quality Hotel & Conference Center

            Tuesday, August 18 – Wheeling, WV – 11:30 a.m. to 3 p.m. – Oglebay Resort & Conference Center

            TENTATIVE – Wednesday, September 23 – Summersville, WV – 5:30 p.m. to 8:30 p.m. – Summersville Armory

            TENTATIVE – Wednesday, October 28 – Morgantown, WV – 11:30 a.m. to 2 p.m. – Waterfront Place Hotel and Conference Center

TVMI AWARDS $15,000 IN SCHOLARSHIPS

At the May 21 Tug Valley Mining Institute’s dinner meeting, six 2015 scholarship recipients were named.  Two $6,000 scholarships were awarded to Erika Coleman and Caroline Hatfield, both of Belfry High School.  Four $750 scholarships were awarded to Benjamin Fitch & Aaron Tackett of Sheldon Clark, and Adriana Fleming of Logan High School and Olivia Ooten of Tug Valley.  Congratulations to these students.

Gary White, past WVCA President and Board Member and Interim President of Marshall University was the speaker and discussed the new Engineering Facility at Marshall, which was partly funded by donations from several mining related firms, including J. H. Fletcher and Art Weisberg, founder of State Electric

TWO STATE MINES PRESENTED SAFETY AWARDS

WVCA President Bill Raney and Senior Vice President Chris Hamilton joined Eugene White, Director of the WV Office of Miners’ Health, Safety & Training, to present two Murray American Energy operations with the state’s top safety awards at ceremonies held May 20th

Murray American Energy’s Marshall County Mine, Marshall County Mine Loadout facility was awarded the Mountaineer Guardian Award for 2014 and Murray American Energy’s  Harrison County Mine was presented the Eustace E. Frederick Milestones in Safety Award for 2014.

“There is nothing more important to our members than the safety of their people,” Raney said. “These two operations have distinguished themselves in maintaining the highest standards of safety.”

OHIO VALLEY JOBS ALLIANCE LAUNCHED

Upper Ohio Valley residents have launched the Ohio Valley Jobs Alliance to support local coal industry jobs.

The State Journal reports the mission of the alliance involves energy, manufacturing, construction and other industries working together to create jobs.

Alliance President Bruce Whipkey says the struggling coal mining industry is integral to the region’s economy and that citizens need to fight for it. He said the recent announcements of more than 2,000 layoffs accentuates the importance of this initiative and that these layoffs will affect thousands of other jobs that support the coal industry and will hurt local tax revenue.

Learn more at http://www.ohiovalleyjobs.org.