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Brian Trumbore
President/Editor, StocksandNews.com

With all the talk of oil these days, it's easy to forget just how vital coal is in fulfilling our energy needs. Plus, with advancements in clean-coal technology (an area I'm studying more on the investment side), the industry is going to be even more critical in the future.

So I thought we'd look at some real basic facts.

Following are the countries that produce and/or consume at least 5% of the world's coal.

Production (12/05)

China?......38% of world's total
USA???20
Australia?...7
India???..7
Russia??...5
So. Africa?.5

Consumption (12/05)

China??.37%
USA??...20
India???7

1995-2005 Consumption trends (million tons oil equivalent)

China - 695 to 1082
USA - 506 to 575
India - 143 to 213

Proved Reserves (12/05)

USA???27%
Russia??..17
China??...13
India???10
Australia?....9
So. Africa?..5

And, for your information?

USA Energy Consumption by Source (12/05?quadrillion Btu)

Fossil Fuels

Coal???.22.830
Nat Gas??22.623
Oil????40.441

Nuclear ?....8.133

Renewable

Hydro???2.715
Biomass??2.781
Geothermal...0.352
Solar???.0.064
Wind???.0.149

Total???99.877 [not exact due to small amounts of other sources]

Sources:

British Petroleum
U.S. Dept. of Energy / Energy Information Administration
Pritchard Capital Partners

Wall Street History will return next week.

Brian Trumbore

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