Highlights All four major basins at multi-year lows US cumulative production down 19.6% year on year Houston — Weekly US coal production tumbled to an estimated 8.62 million st in the week ended April 18, down 7.5% from a week earlier and 41.5% lower than the year-ago week, US Energy Information Administration data showed Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The total for week 16 was the lowest for any week in the last 10 years and was also 38.9% lower than the five-year average. Despite the lower production, utility stockpiles remained higher on an aggregate basis, totaling an estimated 125.4 million st, as of April 9, up roughly 24% from a year earlier, according to S&P Global Platts Analytics. Production was down across the board as all four major basins saw multi-year lows in the week ended April 18. For the […]