While area officials are hoping to see an increase in coal mining activity under the Trump administration, it is important to remember that all of the jobs that have been lost in the coal industry during the past couple of years won’t be automatically restored overnight. And there is no guarantee that coal production across the region will ever reach the levels of year’s past.
Up Next in Fossil Fuel
Nevertheless, the implications of a looming peak in oil consumption are massive. Without an economic transformation, or at least serious diversification, oil-producing nations that depend on oil revenues for both economic growth and to finance public spending, face an uncertain future.
Peak Oil Demand Is A Slow-Motion Train Wreck
Peak oil demand has been a hot issue in the energy industry for years, but a recent report suggests that much of the debate around peak oil demand is missing the point