Economic Survey of Bituminous Coal

The American Institute of Mining, Metallurgical, and Petroleum Engineers
W. A. Forbes
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
4
File Size:
554 KB
Publication Date:
Jan 1, 1932

Abstract

OUR present-day geological surveys show that 36 of our States are underlain with bituminous coal, covering a total area of 496,709 square miles. The North American continent possesses 69 per cent of the world's coal reserves, with the United States alone having an estimated 55 per cent. The American coal reserves, in tons, are calculated to he about 3,500,000,000,000 tons, of which we have exhausted about 1 to 1 1/2 per cent. If this coal were mined at the rate of the 1918 production-a record output of 579;000,000 tons-it would not be depleted for 4,000 years. The more easily accessible and high-grade coals would obviously be consumed much before this; some estimates are 100 years. The natural progress of the nation's industries up to 1910 encouraged on every hand the development of new mines, especially where cheap and easy access to coal measures was coupled with short hauls to the consumer. Over-development resulted, which is perhaps today one of the fundamental causes for the many difficulties faced by the coal industry, which is highly competitive; about 70 per cent of the production cost is labor. Salient statistics for 1930, recently issued by the U. S. Bureau of Mines, follow:
Citation

APA: W. A. Forbes  (1932)  Economic Survey of Bituminous Coal

MLA: W. A. Forbes Economic Survey of Bituminous Coal. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1932.

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