SOE Investment (USD million  - except where otherwise indicated)
The US does not have state-owned enterprises engaged in upstream oil, gas and coal production. However, the federal government does own several utilities that produce and sell coal-fired electricity, including the Tennessee Valley Authority and the Western Area Power Administration (which sells power from one coal-fired power plant owned and operated by a collection of federal, state and municipal agencies).  Data on investment in fossil fuel production by these federally-owned utilities was not readily available, and is not included in this analysis.