22 www.coalage.com January/February 2018
forecast 2018 continued
www.richwood.com www.richwood.com
On-Track
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Belt Tracker
Reliable Richwood Belt Tracking
• Protect the belt and conveyor structure from
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• Simple installation
• No edge guide rollers
• Designed for optimum work life
with heavy duty components
phone (304) 525-5436 email: info@richwood.com
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Innovative conveyor solutions
for bulk material handling.
all of 2018. In 2019, EIA forecast prices
will average $3.08/MMBtu. In its latest
earnings report, Peabody Energy said
on average every $0.20/MMBtu move-
ment in the price of natural gas equates
to an approximate 25-million-ton change
in U.S. coal demand over the course of
the year.
Major Coal Producers Remain Cautious
Discussing U.S. coal markets, Peabody
Energy said utility consumption of south-
ern Powder River Basin (PRB) coal rose
approximately 5% in 2017, despite overall
load, natural gas and total coal demand
all decreasing. As a result, they believe
southern PRB coal inventories declined
approximately 9 million tons from the
Figure 7 — Survey Demographics
