US Coal Exports Reach 20-Year High

The Street reported that last year US coal exports were the highest they have been in twenty years due to demand from Europe and Asia.

As quoted in the market news:

U.S. Department of Energy data analyzed by The Associated Press reveal that coal exports topped 107 million tons of fuel worth almost $16 billion in 2011. That’s the highest level since 1991, and more than double the export volume from 2006.

Click here to read the full The Street report.