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The U.S. coal industry continues to see its share of difficulty. Many coal companies are facing steady decline in demand due to cheaper alternative energy sources. Relatively weak domestic and international economies are compounding the problems. Recent data from the U.S. Energy Information Administration’s Electric Power Monthly shows that power generated from coal has decreased to approximately 37%, while electricity generation from natural gas has increased to just over 30%. Patriot Coal, America West Resources, and Trinity Coal, among others, have recently initiated bankruptcy proceedings. The hardships facing the U.S. coal industry have prompted some analysts to predict that more coal companies will turn to bankruptcy in 2013.

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