“There is plenty of reason for producers to test the waters on exports, if not to dive in.”

US railroads also noted that their second-quarter coal exports grew year over year, on demand from Asia, Europe and South America. CSX now expects exports to remain strong next year and beyond, raising its guidance for these shipments to 42-45mn short tons in 2011 from a previous estimate of 40mn tons.

Union Pacific said coal export volume from its Colorado-Utah market was up 700,000 tons from river terminals and west coast ports, though it did not disclose its total exports.

New coal export [...]

36 percent of the population lives below the poverty line, with an annual per capita income of $2,900.

But business is business, and Mongolia is currently weighing all offers

In 2006 Mongolia’s Mineral Law was amended to increase government royalties and licensing fees, reduce tax incentives, set duration terms for exploration licenses, and provide for up to 50 percent government ownership of strategically important resources when jointly funded by the state and private investors. On 25 August 2009 the Ulsyn Ikh Khural (State Great Hural, or Parliament) finally repealed the 68 percent windfall profit tax, effective from January 1, 2011, setting the [...]

Solving America’s national security problem is simple: MORE COAL PRODUCTION. COAL can’t be set aside when one takes into account its availability, lower cost and is a domestic energy source. COAL fueled America’s Industrial Revolution, which brought Americans a quality of life second-to-none in the world. If we don’t bring factual, common sense dialog to the table with regard to energy we could lose our freedom and our way of life.

If we are borrowing 42 CENTS OF EVERY DOLLAR we spend, China and other foreign countries will own America lock, stock and barrel.

America must create “red, white and blue BTUs.”

COAL [...]