Where is All the Coal Going??

[pintail2222]

It's always amusing when people act like our resources and companies procuring them are nationalized.

That's what we call communism folks.

I thought it was called corporatism.

 

[metalworx]

Coal will go to wherever the market is. In the op case, overseas is where the demand is at. I work for a coal conglomerate and most all we mine ends up in China or India. The United States wants no coal, so most everything mined ends up overseas.

 

[California Flyway]

That dang Manchin and West Virginia will bring us all down.

 

[Ruination]

I thought it was called corporatism.

Or a dictatorship.

Just, anything but private property.

 

[letmwurk]

According to the US EIA, US coal exports for Q421 went to the following countries:

China - 15.1%
India - 14.4%
Japan - 12.2%
Netherlands - 9.5%
Canada - 7.1%
South Korea - 6.4%
Brazil - 6.1%
Ukraine - 4.2%
Morocco - 3.4%

 

[oleww]

How else would we get the stuff with “made in China” stickers on it.

 

[salthunter]

I was camping near the Thunder Basin Coal mines Gillet Wy, rail lines. Never heard a single train.
Last year about every 90 minutes a big train would be rolling down the track. So maybe in part the other mining districts I pushing out more coal

 

[WaterFoulHunter]

We shouldn’t kid ourselves. The world of capitalism runs on a free-market system, but “we” don’t really have one. The government(s) manipulate most things in the form of tariffs, quotas and/or trade agreements. Meanwhile, the goods will flow to wherever they can generate the most profits.

 

[negooseman]

Since I work for that railroad you see everyday, I can say with about 100% certainty it’s going to China and anyone else that wants to buy it. Did anyone think that with our go green government that those that own coal were not going to keep producing it and selling it to whoever? This country should wake back up to reality and use what we have.

 

[California Flyway]

Concerning coal a buddy told me Qanon is Scientology for Hillbillys.
Coal sales may be fueling things we do not know about.