At least he’s keeping his campaign promises...
HOPE! and CHANGE!
If he gets re-elected he’ll start ruining our natural gas industry too.
“...Crucify!”
I see a future commercial in the style of those attacking Romney for the closing of plants. These would be able to use Obama’s own words and because of the similarities, resonate. Create, pubbies, create!!!
Obama, T. Boone Pickens and the EPA are happy...
“Patriot is one of the largest coal miners east of the Mississippi River. The company’s operations are made up of 16 mining complexes. Thirteen of these complexes are located in West Virginia and three are located in Kentucky. In 2007, Patriot sold 22.1 million tons of coal. The company controls 1.9 billion tons of proven and probable coal reserves. Patriot is the largest producer of thermal coal in the Eastern United States. It is also a leading producer of metallurgical coal. Approximately 80% of its coal is sold to domestic utilities and 20% is sold to domestic and international steel producers.”
Amazing, I was trading PCX common up near 128 a couple of years ago. And ANR, too. With few exceptions, the coal stock charts look absolutely terminal. But Patriot was a high flyer in the commods frenzy of a few years ago.