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

Chelsea humble Spurs

first_imgLONDON (AP):Eden Hazard came off the bench to help Chelsea into the FA Cup final with a 4-2 victory over Tottenham yesterday as the English Premier League leaders overwhelmed their title rivals to stay on course for a double.Chelsea shut down Tottenham’s fightback in a potent five-minute spell in the second half inspired by Hazard, who had been unexpectedly relegated to the bench.Hazard shot the ball through a crowded penalty area into the net in the 75th minute and teed up Nemanja Matic for a powerful strike off the inside of the crossbar to secure a final against Arsenal or Manchester City.Chelsea condemned Tottenham to a seventh successive FA Cup semi-final loss, and also have a four-point lead over their London rivals in the league title race.Twice Willian put Chelsea in front – from a free kick in the fifth minute and from a penalty two minutes before half-time – but Tottenham came back each time through Harry Kane’s flicked header and Dele Alli’s strike.Despite Tottenham posing the greater threat after Alli latched on to Christian Eriksen’s exquisite long pass in the 52nd minute, the north London club had nothing to show for its dominance. And a double substitution by Antonio Conte after an hour swung the semi-final back in Chelsea’s favour with Hazard arriving on the pitch with top-scorer Diego Costa.SPECTACULAR FASHIONA third Chelsea substitute, Cesc Fabregas, set up Hazard’s goal within a minute of being brought on. The midfielder’s corner was inadvertently flicked on by Tottenham defender Kyle Walker. Then Chelsea’s return trip to Wembley for the final next month was secured by Matic in spectacular fashion, with Conte’s side asserting its strength over Tottenham.Arsenal faces Manchester City in the second semi-final today. There were four Premier League games.English Premier League results: Bournemouth 4 Middlesbrough 0; Hull 2 Watford 0; Swansea 2 Stoke 0; West Ham 0 Everton 0.last_img read more

Manchester United boss inspired by Wayne Rooney’s recent half-time rant

first_img Wayne Rooney 1 Louis Van Gaal has hailed Wayne Rooney’s dressing room blast at his Manchester United team-mates and says it reminded him of the rant that led to one of his most coveted managerial moments.Rooney provided vocal criticism of his team’s shortcomings at half-time at Anfield last week before going on to score the winning goal in the second half.For Van Gaal it brought back memories of Frank Rijkaard’s famous half-time intervention in the 1995 Champions League final which paved the way for Ajax’s upset win over AC Milan.The normally placid Rijkaard lost his temper with under-performing team-mate Clarence Seedorf – then went on to set up the winner for Patrick Kluivert after the break.Van Gaal said: “I think the players have to take responsibility but at the right moment – because I have seen it in my career at the wrong moment.“At the right moment you have to do it so I am very pleased – in the final in 1995 with Frank Rijkaard for example.“It’s always good, it always helps the manager and also the players. I’m asking already for more. I believe in the corrections of fellow players – I think that is more important than the correction of a manager.”last_img read more