Is the coal industry or the oil industry bigger?



  1. 0 Votes

    In the US in 2009, we used about 1 billion tons of coal at an average price of about $35 per ton = $35 billion. We use about 19.3 million barrels of oil per day, or 7 billion barrels per year, at (currently) about $80 per barrel = $560 billion. In terms of cost, the oil used in the US is worth 16 times the coal industry. The coal industry employs about 70,000 workers in the US; the US oil industry employs at least 330,000.

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