U.S. oil companies spent less on interest over the last decade despite higher rates
Higher oil prices, increased drilling efficiency, and structurally lower debt needs have contributed to lower interest expenses for some publicly traded U.S. oil companies over the past decade, despite the level of interest rates across the economy being relatively high.
U.S. production of all types of coal has declined over the past two decades
In 2023, the United States produced 578 million short tons (MMst) of coal, or less than half of the amount produced in 2008 when U.S. coal production peaked, according to our most recent Annual Coal Report. The production decline is spread almost evenly across each type of coal and continued in 2024. Rising mining costs, increasingly stringent environmental regulations, and competition from other sources of electric power generation have contributed to domestic coal production declines.
DR-4861-WV NR-012 A Second Disaster Recovery Center in McDowell County WV Opening Thursday; Over $10 Million in FEMA Assistance Has Been Approved
DR-4861-WV NR-012 A Second Disaster Recovery Center in McDowell County WV Opening Thursday; Over $10 Million in FEMA Assistance Has Been Approved News release A Second Disaster Recovery Center in McDowell County, W.Va. Opening Thursday March 20; Over $10 Million in FEMA Assistance Has Been Approved CHARLESTON, W.Va. – A second Disaster Recovery Center (DRC) will be opening in McDowell County at the Board of Education Building at 8:00 a.m. on Thursday March 20, 2025. The opening of this additional DRC coincides with the $10 million milestone in approved FEMA assistance. FEMA encourages all residents of the impacted counties to register
Over $2 Million in FEMA Assistance for Kentucky Households
Over $2 Million in FEMA Assistance for Kentucky Households FRANKFORT, Ky -- In one week, homeowners and renters in eleven Kentucky counties have been approved for more than $2 million from FEMA to help with recovery from the February floods, and additional assistance may be available for those who apply and meet eligibility requirements. FEMA may be able to help eligible applicants with rental assistance, basic home repair costs and other disaster-caused needs. Homeowners and renters in Breathitt, Clay, Floyd, Harlan, Knott, Lee, Letcher, Martin, Owsley, Perry and Pike counties can apply in several ways: Go online to disasterassistance.gov. Download the