Quarterly coal report, January-March 1988

Technical Report · Wed Aug 03 04:00:00 EDT 1988

OSTI ID:6987788

During January through March 1988, new first-quarter records were established for both the production and consumption of coal. These levels continue a pattern begun in 1987 and are attributable, in large part, to lower generation from hydroelectric plants and higher coal consumption by electric utility plants. Coal production rose to 236.8 million short tons. This was the highest first quarter figure ever recorded. Wyoming, Montana, West Virginia, Kentucky, Virginia and New Mexico registered significant production gains versus the first quarter of 1987. Coal consumption also reached a record first-quarter level of 219.6 million short tons, with electric utilities accounting for 83.9% (16.9 million short tons) of the 20.1 million short ton increase over the first-quarter 1987 consumption total. The average price of coal received at electric utilities declined for the third consecutive quarter, reaching $31.12 per short ton, but coal prices paid by industrial consumers rose slightly from their fourth-quarter 1987 levels. First quarter coal exports were lower for the third straight year, reaching 16.1 million short tons. The average price of coal exports rose slightly to $42.05 per short ton from $41.59 per short ton in the previous quarter. Stockpiles at the nation's coal consuming plants were 173.7 million short tons. This level is only slightly higher than the first-quarter 1987 level. Coal stocks held by producers and distributors (36.8 million short tons) were also only slightly above their level at the end of the first quarter of 1987. 14 figs., 68 tabs.

• Research Organization: USDOE Energy Information Administration, Washington, DC. Office of Coal, Nuclear, Electric and Alternate Fuels
• OSTI ID: 6987788
• Report Number(s): DOE/EIA-0121(88/1Q); ON: DE88015398
• Country of Publication: United States
• Language: English

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