Anthracite fields exhausted?

Re: Anthracite fields exhausted?

PostBy: Lightning On: Mon Sep 09, 2013 6:20 pm

So more simply stated, when we've mined half of what's available??
Lightning
 
Hand Fed Coal Furnace: Clayton 1537G
Coal Size/Type: Nut Size / White Ash

Re: Anthracite fields exhausted?

PostBy: lsayre On: Mon Sep 09, 2013 6:36 pm

Lightning wrote:So more simply stated, when we've mined half of what's available??


Yes, that's it! Perhaps better stated as half of what is reachable though.

The major problem with broad resource estimates is that they total up all of the resource, as opposed to what can ever economically be extracted.
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Anthracite Pea
Other Heating: Resistance Boiler (if I ever get it fixed)

Re: Anthracite fields exhausted?

PostBy: lsayre On: Mon Sep 09, 2013 6:53 pm

It took $1 in 1914 to buy a basket of goods valued at $30 today.

What was the going rate for a ton of anthracite back then vs. the $165 or so that it costs today (at the mines)? If it was $5.5, then it is still as economical today as it was back then. If it cost more then $5.5/ton back then, it is actually more economical today.
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Anthracite Pea
Other Heating: Resistance Boiler (if I ever get it fixed)