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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.
Issue of Publication
Compress. Air, Article in "Coal's Future; Experts' Views", V. 85, No. 10, Oct. 1980, PP. 14-15
Page last reviewed: May 5, 2020
Content source: National Institute for Occupational Safety and Health Education and Information Division