The prognosis for the U.S. coal sector may not be positive. But the outlook for natural gas is encouraging. It is not just a dim domestic picture for coal but also a bleak one for its overseas’ sales. Both China and India are cutting their coal exports while increasing their use of natural gas.
There are several ways to slice this information, with the most obvious being that the United States is in a position to export its advanced carbon capture and natural gas drilling technologies. At the same time, this country is in a position to sell its liquefied natural gas, or LNG, to Asian nations. The problem, of course, is that the current tariff battle between the United States and China could have long-term implications — on both natural gas and coal exports.