Coal production decline in Powder River Basin may be speeding up

first_imgCoal production decline in Powder River Basin may be speeding up FacebookTwitterLinkedInEmailPrint分享Casper Star Tribune:Warning bells are ringing across Wyoming’s Powder River Basin that the largest producing coal region of the country is in big trouble.One of the largest players, Cloud Peak Energy, is likely facing bankruptcy. A newcomer to coal country, Blackjewel LLC has struggled to pay its taxes despite increasing production, and the total volume of Wyoming’s black rock that miners are estimated to produce – a number that translates to jobs, state and county revenue — keeps going down.After the coal bust of 2015, when 1,000 Wyoming miners lost work and three coal companies went through bankruptcy, a period of stability settled over the coal sector in Wyoming. The idea that coal would slowly decline, partly buoyed up by the results of carbon research, and just maybe an export avenue to buyers in the Pacific Rim, took hold. Wyoming made its peace with the idea that coal’s best years were likely behind her, but that a more modest future for Wyoming coal, with manageable losses over time, was also likely.That may not be the case.Within 10 years, demand for Powder River Basin coal could fall to 176 million tons, said John Hanou, president of Hanou Energy Consulting and a long-time expert on the Powder River Basin. That figure includes Montana’s production and presumes that coal plants in the U.S. are taken offline as soon as they hit 60 years of age. If Wyoming is lucky and gas prices are high, that count could hold closer to 224 million. Or it could be even worse.Economics could push out existing demand even faster, while wind development going up in the Midwest could eat into Wyoming’s coal market in that region. Natural gas prices, high or low, could alter the rate of change in Wyoming’s coal sector.More: Wyoming coal is likely declining faster than expectedlast_img read more

Local studio helps raise money for Twin Tiers Honor Flight

first_imgThe Chalk Market agreed to donate a portion of the proceeds from projects completed on Saturday from 10 a.m. to 1 p.m. to Twin Tiers Honor Flight. Binghamton, NY 13902 If you weren’t able to make it to the fundraiser and would like to donate you can do so by clicking here, or by sending donations to: With the sole mission of the organization being to take veterans to Washington, Gardner says that’s where all money donated will go. “Everything that we raise we put toward the cost of taking veterans to Washington,” said Gardner. “We don’t have any property that we need to maintain and we don’t have any operation expenses,” Gardner said. A trip that veterans, like Steve Gardner, say is essential to those who may not have gotten the help they needed when they returned home from the front lines. “A lot of them have held things inside of them,” said Gardner. “When they go down on this trip and they share that day with other veterans now they open up and they start talking about their experience in the military,” he said. “We have to raise all of our money ourselves and the more money we raise the more veterans we can take on our trips,” Vincent said. “Our sole mission is to take our veterans to Washington D.C. to visit their memorials, we take them free of charge,” said Twin Tiers Honor Flight President Patricia Vincent. Something that Gardner says he understands first hand. Vincent says it’s fundraisers like the one at The Chalk Market Creative Studio in Johnson City on Saturday that make that mission possible. JOHNSON CITY (WBNG) — The Twin Tiers Honor Flight is raising money to take veterans on the trip of a lifetime with the help of a local art studio. P.O. Box 1770 “I went on mission as a veteran,” said Gardner. “I served during the Vietnam era and it was just very emotional, wonderful trip,” he said. Twin Tiers Honor Flightlast_img read more