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US Coal Stockpiles Hit Record Low

By Nathan Worcester

At lowest point since Energy Information Administration started tracking stockpiles

U.S. coal stockpiles dipped to just 80 million tons in September, the lowest monthly total since the Energy Information Administration (EIA) began tracking such information in 2001.

U.S. coal stocks fell 4.8 percent over the course of the previous month, according to the EIA.

The record-breaking low came as a national and global energy crunch has driven up the cost of coal, natural gas, and oil, with Chinese buyers willing to purchase coal at “any price,” as reported by Al Jazeera.

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