According to preliminary stats compiled from MSHA, PRB coal production for Q1 2019 was 70 million tons (280 million tons annualized). As a comparison, Q4 2018 production was 84 million tons or 336 million annualized. Apparently, the severe flooding in the Midwest caused production to be this low. Accounting for guidance’s provided by Arch, Peabody and others, full year 2019 PRB coal production could be as low as 301 million tons. The last time production was this low was in 1996 when 299.5 million tons were produced.
Author : Hanou Energy & Burnham Coal