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Thread: Coal Continues to go Tits up

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    Default Coal Continues to go Tits up

    I dont suppose trumpsters are smart enough to follow what is going on. https://apnews.com/be1a0a46444f45a79...for-bankruptcy

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    its a pity Obama destroyed so many companies.....

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    Quote Originally Posted by PostmodernProphet View Post
    its a pity Obama destroyed so many companies.....

    It is a pity you are such a moron

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    Quote Originally Posted by PostmodernProphet View Post
    its a pity Obama destroyed so many companies.....

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    Quote Originally Posted by katzgar View Post
    I dont suppose trumpsters are smart enough to follow what is going on. https://apnews.com/be1a0a46444f45a79...for-bankruptcy
    excerpt:

    HELENA, Mont. (AP) — One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining demand for the fuel.

    Englewood, Colorado-based Westmoreland Coal Co. filed for voluntary Chapter 11 protection in U.S. Bankruptcy Court in Houston as part of a restructuring agreement with an unnamed group of lenders.

    Westmoreland, which operates mines across the U.S. and Canada, is the fourth major coal company to file for bankruptcy in the past three years, joining Peabody Energy Corp., Arch Coal and Alpha Natural Resources.


    Westmoreland officials said in a statement that operations won’t be interrupted and there are no expected staff reductions.

    “After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success,” interim CEO Michael Hutchinson said in the statement.

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    Over here the Police State under Thatcher destroyed the coal industry for political reasons, finally ending their vicious persecution of this community. With the awareness of how the rich intend to burn the world spreading, however, Trump couldn't save it even if he weren't lying.

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    Quote Originally Posted by iolo View Post
    Over here the Police State under Thatcher destroyed the coal industry for political reasons, finally ending their vicious persecution of this community. With the awareness of how the rich intend to burn the world spreading, however, Trump couldn't save it even if he weren't lying.

    gas is cheaper, its really that simple.

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    Quote Originally Posted by kudzu View Post
    That Obama sure is powerful... destroying coal before he was even born. lol

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    Quote Originally Posted by katzgar View Post
    gas is cheaper, its really that simple.
    And there you go. The markets -- the almighty dollar -- is what is taking coal down. Toadstool's bleating about bringing back coal and related jobs was just another sound bite for his slavering minions.

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    Quote Originally Posted by ThatOwlWoman View Post
    That Obama sure is powerful... destroying coal before he was even born. lol
    LOLOL.. I know..

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    Quote Originally Posted by katzgar View Post
    gas is cheaper, its really that simple.
    Gas is also cleaner.........

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    Replace the miners with machines like every other unionized company is doing.

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    Quote Originally Posted by kudzu View Post
    wonder what happened 2010 to cause the downturn....

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    Quote Originally Posted by katzgar View Post
    gas is cheaper, its really that simple.
    everything about you is simple, so I can see the relation.

    Look, Coal is coming back, ask the people in West Virginia.
    Coal will always be needed, along with alternative fuel. the question is do we put American workers out of the equation, like your side wants to.

    you lose, nut-bag
    This just In::: Trump indicted for living in liberals heads and not paying RENT

    C̶N̶N̶ SNN.... Shithole News Network

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    Quote Originally Posted by Kacper View Post
    Replace the miners with machines like every other unionized company is doing.

    I know you trumpsters arent big on education but I will try anyway. http://www.wvculture.org/history/wvhs/wvhs2203.pdf

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