Compress Air Article in "Coal's Future Experts' Views" 1980 Oct; 85(10):14-15
Since the oil embargo of 1974, there has been less growth in the demand and consumption of coal than previously forecasted. Concern about the importation of oil brought a strong move toward increasing the consumption of coal during 1974-77, and a large amount of coal mining equipment was sold. But the mining producers over-bought equipment, and the slackening-off of the market has produced a significant amount of unused equipment. This article discusses how this slackening-off of the market has affected the coal industry and the advantages and disadvantages of expanding the coal industry in the United States.
Compress. Air, Article in "Coal's Future; Experts' Views", V. 85, No. 10, Oct. 1980, PP. 14-15