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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: Mr E who wrote (3043)	6/23/1998 9:48:00 AM
From: eric deaver	Respond to of 11684

Some of: PRODUCTION TRENDS OF MAJOR U.S. COAL-PRODUCING REGIONS Robert C. Milici U.S. Geological Survey 956 National Center Reston, Virginia, 22092 "Maryland and Tennessee produce coal at very low levels, and Georgia is for all practical purposes mined out. Coal production in Ohio and Pennsylvania is well past peak production and is in decline. The decline of coal production in the western parts of the Appalachian basin is exacerbated by the relatively high sulfur content of the coal, which limits its use because of its relatively greater contribution to air pollution. Alabama and Virginia [3] are at, or a few years past, peak production and each of these states may soon be entering a phase of general decline. In spite of declining production in much of the basin, however, overall production from the Appalachian basin has increased steadily since 1979 and continues to be driven upward by the high demand for steam coal. Only eastern Kentucky and West Virginia are still producing coal in increasing amounts and both appear to be several years away from maximum production. Indeed, the lower costs of longwall mining has made some of the central Appalachian coal deposits more competitive in spite of generally falling prices. When half, or a little less than half, of the original coal reserves of eastern Kentucky and West Virginia has been depleted, however, and their production also begins to decline, overall production from the Appalachian basin will begin its inevitable long term decline. Remaining coal reserve estimates for the Appalachian basin, in part based on data from Averitt [4], range from about 25 to 28 billion tons, and more than half of these reserves are in Kentucky and West Virginia. " FWIW, Eric