European and Asian demand for coal has spiked, causing US coal exports from January to May to increase by 60 percent compared to the same time period in 2016.
The president-elect has promised to 'bring the coal industry back 100 percent.' Market forces suggest differently.
Once OPEC nations wielded price-shaping clout. But a US fracking boom, the return of Iran to world markets, and global urgency about carbon emissions changed the mind-set for OPEC titan Saudi Arabia.