Coal vs. Gas
As much as the story of late is about the growth in shale development, what sticks out to me is just how low coal mining has dropped. I know the whole "War on Coal" meme is out there, but the trend in local coal mining employment has been down for a long time. Under 1,800 jobs in the region today compares to over 78K coal mining jobs in the Pittsburgh region in 1913, down 98% over the century. I would not be surprised if the buggy whip industry retained a greater percentage of its past employment.
|Coal Mining||Oil and Gas Extraction|