The good people who work in the American coal industry are one of the main reasons that Trump won the election.
Unlike his opponent who promised to close down coal plants, a process which started under Obama, Trump promised to bring back coal and help these people keep their jobs.
He’s already working on it and this is just the beginning.
The Daily Caller reports:
Coal Industry Poised For A Comeback In Trump’s First Year
The coal industry is poised for a small comeback this year on expectations natural gas prices will rise, according to U.S. Energy Department (DOE) forecasts.
“While U.S. total electricity generation is expected to decline almost 1% this year, the share of coal-fired generation is forecast to increase,” reads a short-term outlook from the Energy Information Administration, which is DOE’s statistical arms.
Coal’s share of electricity generation is expected to increase from 30 percent in 2016 to 31 percent in 2017 before falling again in 2018. The short-term rise and fall of coal-fired electricity is largely driven by changes in natural gas prices.
“After declining for two years in a row, U.S. coal production is set to increase 4% during 2017 due in part to growth in coal-fired electricity generation,” EIA reported. Though coal production could fall again as more coal-fired power plants shut down in the coming years.
Between coal and other natural resources, the United States can be an energy independent country with lots of great jobs to help make it happen.
Trump knows this. Thank goodness.