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2021-11-16

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U.S. Coal Prices Surge to Highest Since 2009 as Demand Booms

U.S. coal prices surged to the highest in more than 12 years as a global power crisis drives up dema

U.S. Coal Prices Surge to Highest Since 2009 as Demand Booms

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That’s the highest since 2009, when a spike in exports boosted domestic prices for the power-plant fuel. Prices in other regions are lower, but have also climbed in recent months.</p>\n<p>The economic recovery from the coronavirus pandemic has driven up demand for electricity around the world. That’s led to shortfalls in natural gas, power shortages in Asia and Europe and record-high prices for coal. 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That’s the highest since 2009, when a spike in exports boosted domestic prices for the power-plant fuel. Prices in other regions are lower, but have also climbed in recent months.\nThe economic recovery from the coronavirus pandemic has driven up demand for electricity around the world. That’s led to shortfalls in natural gas, power shortages in Asia and Europe and record-high prices for coal. 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U.S. Coal Prices Surge to Highest Since 2009 as Demand Booms

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