This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

W.Va. Coal Exports Up 40 Percent Over Last Year

CHARLESTON, W.Va. (AP) â¿¿ U.S. Department of Commerce data shows West Virginia exported 40 percent more coal in 2012 than it did in 2011.

Much of the rise is attributable to increased demand from Asia. West Virginia coal exports to China increased more than 500 percent from 2011 to 2012. Coal exports to Japan increased an even more shocking 1,262 percent, from $29 million to $395 million.

Overall coal exports grew 40 percent, from $5.3 billion to 7.4 billion

The large increases in coal exports come despite the fact that overall coal production in the state was down 8 percent in 2012. The West Virginia Department of Revenue also reports that from 2011 to 2012 the state lost over 5,000 energy sector jobs, the vast majority of which are mining jobs.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,992.53 -133.59 -0.74%
S&P 500 2,106.65 -14.14 -0.67%
NASDAQ 5,062.9770 -34.9990 -0.69%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs