The US Energy Information Administration revised most of its 2014 projections for the US coal sector lower Tuesday, basing its decisions on weak electricity demand at home and oversupply in global seaborne markets. In its July Short-Term Energy Outlook, the agency said it expects US coal consumption to be 951 million st in 2014, compared with a June projection of 961 million st. The July figure is still up 2.8% compared with 2013 consumption of 925 million st. In 2015, the EIA projects US coal consumption will dip to 924.4 million st due to retirements of coal-fired power plants, slow electricity sales growth and lower natural gas prices. Article continues below… Coal Outlook Platts Coal Trader provides:The latest prices for key benchmark coals Daily pricing for tons and allowances for SO2 and NOx emissions The exclusive Platts OTC Broker Index, a market assessment compiled […]