The Economics of Coal Preparation (15463342-1177-49f2-b0f9-6828cc80fa93)

INTRODUCTION 1 * The coal industry in the United States has undergone significant economic changes in recent years. For example, the price of coal remained relatively constant from 1950 to 1969 (see Figs. 5-1 and 5-2) but steam coal prices tripled and metallurgical coal prices doubled from 1969 to 1974. This price structure has created a new economic environment for coal preparation. Contributing factors to these price trends include: 1) Coal Mine Health and Safety Act of 1969. 2) Mid-East oil embargo of 1973.