To begin with blame Richard Cheney and 2005 Energy Policy Act and "The Halliburton Loophole." (click here)
The largest private coal mining corporation in America, Murray Energy, has warned it may have to lay off as many as 4,400 employees — some 80 percent of the company's workforce — thanks to a long-term slump in the coal markets.
The Central Appalachian coal price benchmark has sunk to just $40 a ton, about half of its price in 2011, and many major coal producers are declaring bankruptcy. Murray Energy has already laid off about 3,000 workers in the past year, mostly in West Virginia, Illinois, and Ohio.
Controlling owner Robert Murray, a Donald Trump supporter, significantly blamed his company's decline on "the ongoing destruction of the United States coal industry by President Barack Obama, and his supporters," as well as "the increased utilization of natural gas to generate electricity." Bonnie Kristian.
Murray Mining should have been shut down a long, long time ago. Their violations fill a court house. The only reason they were allowed to exist in the face of violation after violation after violation was because of those that were employed.
There is no "War on Coal" unless it is another form of torture dreamed up by Cheney and Bush.
Enough of the lies about the power of environmentalists. There are real reasons coal is shutting down and it has nothing to do with the President Obama.
