Tag: Wyoming Coal/Coal Bed Methane

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Company sees greater coal demand

The head of Arch Coal says international demand may increase coal exports from northeastern Wyoming.

Steve Leer, chairman and chief executive officer of St. Louis-based Arch Coal Inc., told analysts in a conference call on Friday that the company is in serious discussions to move coal from Wyoming’s Powder River Basin to the Gulf Coast and West Coast.

“Global coal demand is growing at a staggering rate, up 30 percent in just the last five years,” Leer said. “These global supply constraints along with the weak U.S. dollar has aided in moving U.S. coal to these places.”

Read the entire article here:

http://www.billingsgazette.net/articles/2008/02/04/news/wyoming/32-coal.txt 

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Wyoming coal mines trying to keep up with railroads exports

CASPER, Wyo. (AP) – Wyoming coal mines are trying to keep up with the railroads in shipping coal to power plants across the United States, an executive with coal producer Arch Coal Inc. said.

“A couple of years ago, we would’ve probably complained loudly about them, but today they’re doing a pretty good job both east and west,” Steven F. Leer, chairman and chief executive officer of St. Louis-based Arch, said in a recent interview. “Right now, I would suggest the coal industry is trying to keep up with them. Two years ago they were trying to keep up with us.”
Coal mined in the Powder River Basin in northeast Wyoming and southeast Montana is hauled by Union Pacific and Burlington Northern Santa Fe.

Read the article here:

http://www.starherald.com/site/news.cfm?newsid=19053934&BRD=484&PAG=461&dept_id=553253&rfi=6