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Thread: Coal Company Plans to Close Several Mines

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    Re: Coal Company Plans to Close Several Mines

    Quote Originally Posted by Bronson View Post
    So in other words as long as they aren't voting for Obama who gives a &^*( if they are employed right?
    Just wanted to point out that it isn't expected to have any significant political implications per the article I read. I am all for coal miners. The ridiculous mine conditions warrant them twice as much as the already good wage they make in my book.

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    Re: Coal Company Plans to Close Several Mines

    Lol, this has nothing to do with Obama.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

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    Re: Coal Company Plans to Close Several Mines

    Quote Originally Posted by Khayembii Communique View Post
    Lol, this has nothing to do with Obama.
    The hell it doesn't.



    He couldn't get his cap & trade through congress, so he bypassed them and had the EPA set new regulations.

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    Re: Coal Company Plans to Close Several Mines

    Quote Originally Posted by Loki97 View Post
    Yet they are expanding their operations in coal not used to generate power. Sounds like a business reconfiguration to meet a changing market. You know, the kind of layoffs conservatives always defend when they can't attempt to blame Obama for them. Maybe we should go back to steam locomotives just to make sure there is still a demand for coal. Meanwhile, it's the cost and cleanliness of natural gas that is really eliminating the market.

    Cheap natural gas hurting coal market | HamptonRoads.com | PilotOnline.com
    Reallocation of resources to meet market incentives increases production and we as a nation are left better off for it. Reallocation of resources to meet political or regulatory incentives decreases production and we as a nation are left the worse off for it.

    The President has made it quite clear that he intends to choke off and shut down the coal industry, which he sees' as a worthy loss in the regulatory goal of fighting off ManBearPig. Then he goes off and tries to push us into the electric cars that run off coal.

    hope that helped.

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    Re: Coal Company Plans to Close Several Mines

    “President Obama is responsible entirely for the closure of that mine and the loss of those jobs,” Murray Energy Corporation’s founder and CEO told CNN in August.

    ...“The many regulations that he and his radical appointees and the U.S. EPA have put on the use of coal . . . have closed 175 power plants,” Murray added.

    In the 2008 campaign, Obama told the San Francisco Chronicle that the “notion of no coal . . . is an illusion,” but he added that he favored a cap-and-trade system. “So if somebody wants to build a coal-powered plant, they can,” Obama continued. “It’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.” In 2007, Joe Biden told Grist.org, “I don’t think there’s much of a role for clean coal in energy independence” in the United States — though he added that he favored cleaning up China’s coal plants....

    “The Obama administration has done everything it possibly can to destroy the American coal industry,” says Mike Carey, chairman of the Ohio Coal Association... Under Obama’s leadership, we have gone from producing 1.2 billion tons to somewhere in the neighborhood of 800 million tons. It’s disingenuous at best for Obama to say that he supports the coal industry when we have lost one-third of our production.” ...

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    Re: Coal Company Plans to Close Several Mines

    GAS PRICES FACT: Domestic Oil Production Has Soared Under President Obama | ThinkProgress

    The number of oil drilling rigs in the U.S. hit a Record last week, having Quadrupled in number over the past Three years.
    Between oil and gas drilling rigs, the U.S. now has more rigs at work than the rest of the world combined.
    The current oil boom has buoyed the projections of some leading oil industry analysts:

    “It’s Staggering,” said Marshall Adkins, who directs energy research for the financial services firm Raymond James.
    “If we continue growing anywhere near that pace and keep squeezing demand out of the system, that puts you in a world where we are not importing oil in 10 years.”
    Last edited by mbig; 09-26-12 at 04:33 AM.
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    Re: Coal Company Plans to Close Several Mines

    Quote Originally Posted by Grim17 View Post
    From the Wall Street Journal:

    The coal industry has been hit by competition from cheap natural gas, but Alpha made clear in its announcement that an equal problem is a Washington “regulatory environment that’s aggressively aimed at constraining the use of coal.” That’s a direct reference to the deluge of Obama Environmental Protection Agency regulations designed to force the closure of coal-fired power plants.


    Like I said...
    Alpha Natural Resources is entitled to whatever opinion they wish, but what they said really does not surprise me. In situations when people fail they often look for a scapegoat to explain why they are not doing better, and in this situation the federal government makes a wonderful scapegoat.

    Even if we entertain the notion for the decline in the coal industry is due to federal regulations, for me personally, it does not change much. Capitalism is very much like evolution in that those who can best adapt to constantly changing situations will survive. Despite these supposed onerous EPA regulations the natural gas industry is managing to prosper while the coal industry is having to change how they do business in order to survive. What is going with the American energy sector is a great example of how capitalism works.

    So, again, what problem do you have with capitalism?

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    Re: Coal Company Plans to Close Several Mines

    Quote Originally Posted by Spaceman_Spiff View Post
    Alpha Natural Resources is entitled to whatever opinion they wish, but what they said really does not surprise me. In situations when people fail they often look for a scapegoat to explain why they are not doing better, and in this situation the federal government makes a wonderful scapegoat.

    Even if we entertain the notion for the decline in the coal industry is due to federal regulations, for me personally, it does not change much. Capitalism is very much like evolution in that those who can best adapt to constantly changing situations will survive. Despite these supposed onerous EPA regulations the natural gas industry is managing to prosper while the coal industry is having to change how they do business in order to survive. What is going with the American energy sector is a great example of how capitalism works.

    So, again, what problem do you have with capitalism?
    You know, dude...you are a real piece of work.

    Obama has clearly stated his intentions to shut down the coal industry and when a company has to shut down and they cite Obama's actions, you say "they often look for a scapegoat". As if it's their own fault and they are avoiding blaming themselves.

    Can you be any more despicable?
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    Re: Coal Company Plans to Close Several Mines

    Wow! A promise President Obama is actually trying to make good on. He said he wanted to bankrupt the coal industry. Next will be Rep. Waters' dream of bankrupting the banks through taxation.

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    Re: Coal Company Plans to Close Several Mines

    Quote Originally Posted by Mycroft View Post
    You know, dude...you are a real piece of work.

    Obama has clearly stated his intentions to shut down the coal industry and when a company has to shut down and they cite Obama's actions, you say "they often look for a scapegoat". As if it's their own fault and they are avoiding blaming themselves.

    Can you be any more despicable?
    First of all, you can get off your high horse.

    Yes, President Obama did say that he wanted to bankrupt the coal industry while he was running for president in 2008. The only thing is with the proliferation of hydraulic fracturing the natural gas industry managed to beat him to it. I do not understand what is so hard to understand about that.

    And, yes, I am blaming the coal industry, in this case Alpha Natural Resources, for becoming an uncompetitive form of energy. Instead of better preparing for the future they were caught flatfooted, and at least for the time being, natural gas looks to be the future in the energy sector.

    Finally, you are right that they are avoiding blaming themselves for their own business failures. They have made it clear that the regulatory structure of the federal government is the reason for these mine closures.

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