Coal stocks continue to fall at U.S. power plants - Beckley, Bluefield & Lewisburg News, Weather, Sports

Coal stocks continue to fall at U.S. power plants

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    The tracks were supposed to lead to a depository at Yucca Mountain in Nevada, where Congress intended to send radioactive fuel. Instead, the Obama administration cancelled a project that had been criticized as inadequate and opposed by many Nevadans.
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Coal stocks at U.S. power plants have continued to decline this year, according to U.S. Energy Information Administration data.

Preliminary reports show stocks in July totaled 160.4 million tons. That was the lowest figure since October 2011, when stocks totaled 156.2 million tons, according to data the EIA released Sept. 30.

Coal stockpiles have been high the past couple of years as moderate weather held down demand for electricity and as natural gas and other sources had taken some of the market from coal. But coal has regained market share lately.

Coal stocks every month since November 2012.