The United States and the rest of the world need cheap and abundant energy to spur economic growth, improve standards of living, and, more generally, improve people’s overall well-being. Abundant energy is critical for businesses to remain competitive in today’s global markets. That is particularly true for the technology, manufacturing, and transportation sectors of the U.S. economy.
The U.S. is rapidly becoming a digital economy that runs on electricity. Our technology-based economy must have inexpensive, abundant energy. Fortunately, the U.S. is blessed with energy abundance. America has over 200 years of recoverable oil reserves, centuries of recoverable natural gas deposits, and vast coal resources. Make no mistake: Coal will be part of the energy mix of the U.S. digital economy and the global economy.
Coal is no longer a four-letter word. At the moment, prices for…
