Since 2003, a process has been underway to develop a new coal mine in northern Sheridan County. Called the Youngs Creek Mine, Consol Energy and The Pittsburg & Midway Coal Mining Company, along with Chevron, have been getting closer to bringing the plans to reality, and if it comes online, Youngs Creek has the potential to employ over 300 people. Representative Rosie Berger and Senator Bruce Burns met with the mine's developers earlier this week. Berger brings this update.
Even though the companies own the coal, Berger says, they are in the process of working on contracts to sell it.
While past comments by President Obama have been anti-coal – telling San Francisco voters in 2007, for example, that he would “bankrupt” the coal industry – the Administration has been changing its stance on coal, trying to work with industry officials to develop clean coal technology. Educating the nation is key, Berger says.
Youngs Creek Mining Company received coal reserves and land totaling approximately 315 million tons of high BTU / low sulphur Powder River Basin coal, meaning that it burns cleaner. Based on Consol Energy's initial feasibility studies, the mine has the potential to reach 15 million tons per year when at full production.