The Epoch Times
The U.S. Energy Information Administration (EIA) says in its latest short-term energy outlook (pdf) that coal inventories in the electric power industry reached 93.7 million tons as of December 2021âan increase since September, when stockpiles hit a historic low not seen since the Carter administration.
Isaac Orr, a policy fellow at the Center of the American Experiment, told The Epoch Times he thinks the increase is a result of warmer-than-expected winter temperatures, greater wind generation, and electric companiesâ decisions to conserve coal as a safeguard against potentially extreme winter weather.
âCompanies are saying, âLook, we know weâre going to need this coal when the cold snap hits. So, letâs preserve it to kind of keep our powder dry,ââ Orr said.
