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Coal Industry Making Significant Strides Under Trump, Coal Exports Have Risen 60% In 3 Months

 

 

By Andrew Mark Miller


July 19, 2017 - I remember hearing one of the women on ‘The View’ recently talking about how Trump hasn’t done anything for the coal industry and that the voters should be upset with him for being dishonest about his pledge.


That was definitely a head scratcher for a couple reasons.


First of all, why are the panelists on ‘The View’ pretending to be experts on something that they clearly haven’t done their due diligence on? I don’t believe for a second that the energy sector and the coal industry as a whole is something they have spent a lot of time researching.


Second of all, they are completely wrong.


In fact, a report today shows that the coal industry is taking off again after being decimated by President Obama for purely ideological reasons.


The great Michael Bastasch from The Daily Caller has the details…


U.S. coal exports were nearly 60 percent higher in the first three months of the Trump administration than at the same time last year, according to federal data.


It’s good news for the coal industry, which is one of President Donald Trump’s favored constituencies. Declining exports in the final years of the Obama administration was a major thorn in the industry’s side, but now economics and some political factors have collided to give the industry some breathing room.


Coal companies exported more than 22 million short tons of steam and metallurgical coal between January and March 2017, the Energy Information Administration (EIA) reported Tuesday. Asia and Europe saw the biggest increases in U.S. coal imports from last year.


This is fantastic news.


At least 83,000 coal jobs were lost thanks to Obama’s mean spirited and unnecessary regulations.


That’s 83,000 people with 83,000 families that weren’t able to put food on the table because President Obama is blinded by faulty data and misleading conclusions being masqueraded as fact by the radical left.

 

It’s great to hear that Trump is making real strides cleaning up the mess Obama made.