The Oil Drum | Will the New Year bring Happiness and Prosperity?

109 comments on Will the New Year bring Happiness and Prosperity?

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Nick on January 1, 2007 - 8:10pm

The US is not currently a net importer.

As noted elsewhere, the coal currently imported is relatively small, and fills a particular niche. The imports are also related to particular transportation costs: it can be cheaper to import australian coal by boat at a particular port than to move it from Wyoming or West Virginia.

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jjhman on January 1, 2007 - 9:49pm

Well, that's a reminder to be sceptical of "facts". I've read elsewhere that we've become net importers of coal. I checked EIA for YTD data:

Imports: 27.3 million short tons
Exports: 36.8 million short tons.

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memmel on January 2, 2007 - 4:22am

I was skeptical also hence the question marks.

I was actually surprised to see any imports.

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Boof on January 2, 2007 - 6:26am

There was an ad on Australian TV where a shopper wants a plastic bag and the sales assistant asks 'how do you expect the environment to deal with that bag?'. Seems with coal the message is more like 'enjoy'.

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109 comments on Will the New Year bring Happiness and Prosperity?

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“This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with the economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.”

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