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Coal executive demands tax break for industry in free fall
Associated Press ^ | Jan 27, 2016 5:36 PM EST | Jonathan Mattisse

Posted on 01/27/2016 4:35:22 PM PST by Olog-hai

The chief executive of one of the nation's largest coal producers, Murray Energy, made an emotional call Wednesday for steep cuts in state mining taxes to support an industry in free fall.

Raising his voice frequently during a 38-minute speech, Robert Murray blasted politicians for "platitudes and lip service" as the coal industry sheds thousands of jobs and producers go bankrupt. He called on state leaders to drop the coal severance tax from 5 to 2 percent, saying coal has paid more than its fair share to West Virginia already.

"These government officials can no longer say that they support coal people in this state" if they don't, Murray told the West Virginia Coal Mining Symposium. ...

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: coal; energy; necessarilyskyrocket; obama; taxbreaks

1 posted on 01/27/2016 4:35:23 PM PST by Olog-hai
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To: Olog-hai

I SUSPECT, but do now know that dem voting coal miners and dem voting coal producers, and dem voting coal owners, in dem voting WV have brought all of this on themselves, but am willing to listen to those in the know.


2 posted on 01/27/2016 4:39:54 PM PST by Don Hernando de Las Casas
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To: Don Hernando de Las Casas

I thought this was Obama’s plan.


3 posted on 01/27/2016 4:41:50 PM PST by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)
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To: Olog-hai

I’m afraid it’s “Mission Accomplished” for Obama. No company at this point is going to build a billion-dollar coal-fired power plant, with a expected lifetime of 25-50 years knowing full well that it could be subject to instant doom every four years at the whim of Democrats.


4 posted on 01/27/2016 4:42:23 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day".)
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To: Olog-hai

Something big is coming. Politicians don’t seem to give a damn what anyone thinks. Maybe they know an asteroid will hit in a few months. Whatever is coming Obama will suspend elections.


5 posted on 01/27/2016 4:45:13 PM PST by VerySadAmerican
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To: Olog-hai

US Senator Joe Manchin is a donkey. You get what you voted for.


6 posted on 01/27/2016 4:51:54 PM PST by Drango (“Get me some muscle” - Melissa Click)
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To: VerySadAmerican

That’s where all that money Hillary and bubba are hiding in the Clinton foundation. Not to mention all the debt this country has racked up in the past 20 years.
It’s to built underground living space when an asteroid strikes.
See. “Deep Impact”

Tin foil hat off....


7 posted on 01/27/2016 4:53:14 PM PST by BigpapaBo (If it don't kill you it'll make you _________!)
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To: VerySadAmerican

HAHAHA!!


8 posted on 01/27/2016 4:54:52 PM PST by Osage Orange (Nowadays we are just Central America with snow.)
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To: Don Hernando de Las Casas

No they didn’t.
WV went for Romney in 2012.
All their Congressmen are R’s
Their senators are 1R plus Manchin - who has been trying to be as close to R as he can.
More important, as all their problems are regulatory, WV went Republican in every Presidential election since 2000.

None of that did them any good.


9 posted on 01/27/2016 4:55:13 PM PST by buwaya
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To: buwaya

Interesting...

Thank you.


10 posted on 01/27/2016 4:56:17 PM PST by Don Hernando de Las Casas
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To: buwaya

Donald Trump will save coal. He will save the jobs. He will bring back coal jobs. Donald Trump will raise the dead jobs and heal the miners.


11 posted on 01/27/2016 5:05:59 PM PST by sagar (Trump temper tantrum)
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To: sagar

“Donald Trump will save coal. He will save the jobs. He will bring back coal jobs. Donald Trump will raise the dead jobs and heal the miners.”

You’re right, he will. Go Trump!


12 posted on 01/27/2016 5:11:52 PM PST by flaglady47 (TRUMP ROCKS)
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To: sagar

Thing about coal, like all extractive industries, is that the coal is still there. If it needs to be mined and if its permitted to be mined, someone will come by presently to do it again.
Its not that difficult to bring back coal jobs - all that’s needed is to change the interpretation of various regulations by the EPA. No legal changes, no laws need be passed.
Coal can break even at a much lower price per BTU than Natural Gas, if steam plant costs, driven by regulatory compliance, can be controlled.
So you’re not all that wrong here.
This really is “stroke of a pen” situation.


13 posted on 01/27/2016 5:19:12 PM PST by buwaya
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To: sagar

Wishful thinking.

The good news is the coal isn’t going anywhere. Eventually it will return once natural gas prices are through the roof again.


14 posted on 01/27/2016 5:26:00 PM PST by Up Yours Marxists
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15 posted on 01/27/2016 5:33:07 PM PST by DoughtyOne (Free Republic Caucus: vote daily / watch for the thread / Starts 01/20 midnight to midnight EST)
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To: Olog-hai

Vote other (Constitution Party candidate TBA)


16 posted on 01/27/2016 5:38:20 PM PST by Up Yours Marxists
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To: Up Yours Marxists

Sorry wrong post.


17 posted on 01/27/2016 5:38:40 PM PST by Up Yours Marxists
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To: Olog-hai

Corrective action #1: Never, ever vote for another rat.


18 posted on 01/27/2016 6:46:44 PM PST by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: Don Hernando de Las Casas
I SUSPECT, but do now know that dem voting coal miners and dem voting coal producers, and dem voting coal owners, in dem voting WV have brought all of this on themselves, but am willing to listen to those in the know.

Think Robert Byrd. WV elected him many many times and he screwed them.

19 posted on 01/27/2016 6:47:27 PM PST by eeriegeno (<p>)
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