Posted on 07/02/2016 12:27:15 PM PDT by PROCON
Murray Energy Corp., the largest privately held coal miner in the U.S., has warned that it may soon undertake one of the biggest layoffs in the sector during this time of low energy prices.
In a notice sent to workers this week, Murray said it could lay off as many as 4,400 employees, or about 80% of its workforce, because of weak coal markets. The company said it anticipates massive workforce reductions in September.
The law requires a 60-day waiting period before large layoffs occur.
(Excerpt) Read more at foxnews.com ...
The company said it anticipates massive workforce reductions in September.
Right before the election; I hope these laid-off workers remember who ruined their and their families lives.
The other 20% will be toast when the Clintoons rise to powah again in January.
He promised $5 gasoline.
Global warming hysteria is designed to sow confusion and to transfer wealth from rich to poor nations. It will have the effect of making all nations poorer.
It’s cover for a massive wealth transfer.
Obama - destroying the U.S. economy every day since January, 2009.
Aided and abetted by idiots, fools, traitors and the simple.
Is there hope?
Babcock & Wilcox lays off 126 workers in Barberton, Copley [OH]
The coal-industry woes that have hit miners in Appalachian Ohio and some of the states power-generation industry struck Barberton this week, as Babcock & Wilcox Enterprises announced major layoffs.The company abruptly let go 113 workers, along with 13 more from Copley, who had been working in the companys business segment serving the coal-fired power industry.
The coal industry has been under duress in recent years as it competes with other fuels, primarily natural gas, for position as the primary fuel source for the nations power plants. As the cost of other fuels has come down, the use of dirtier coal as a fuel to fire generation has waned. That has meant less business for B&Ws units in Barberton and Copley, Cornell said.
This was part of a larger restructuring of the company, Cornell said. Were facing declining coal generation markets, and things are declining faster than we anticipated.
For those that don't know, B&W is one of two manufacturers of large utility coal-fired boilers for electric power generation. So not only are we losing our coal production capability, we are also losing our ability to produce coal fired power plants.
Rednecks (as in miners) unite!
The economic equivalent of total anal retentiveness.
"The law requires a 60-day waiting period before large layoffs occur."
FR: Never Accept the Premise of Your Opponents Argument
Worker Adjustment and Retraining Notification Act (WARN Act)
Patriots, please note that, regardless if the WARN Act was a good idea, and regardless what FDRs state sovereignty-ignoring activist justices wanted everybody to think about the scope of Congresss Commerce Clause powers (1.8.3), a previous generation of state sovereignty-respecting justices had clarified that the states have never delegated to the feds, expressly via the Constitution, the specific power to regulate INTRAstate commerce.
State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress [emphases added]. Gibbons v. Ogden, 1824.
The post-17th Amendment ratification WARN Act is therefore based on constitutionally nonexistent federal government powers imo.
So WARN is another good example of corrupt federal lawmakers taking advantage of low-information voters by getting themselves elected or reelected with campaign promises based on constitutionally nonexistent federal government powers.
Many times Sometimes I think that low-information patriots can sleep in the bed of unconstitutionally big federal government that they have made for themselves.
Smart Money has been and is gonna be buyin’ up EVERYTHING coal.
Getting it at Bankruptcy prices. Lay off everything possible, sell all the old crap.
Be ready, to re-machine, re-fit, re-energize for the New Sheriff In Town.
It’s gonna be rainin’ moolah all-up-in-he-ya once Congress Critters start passing all the protection and tax relief Coal Country needs.
Look who’s in the mix. Pennsylvania, Ohio, West Virginia, Kentucky, Indiana, Illinois, Missouri, Iowa and a few more.
Got some cash set aside for a rainy day? Guess what?
IT’S RAINING!
I say the whole coal war is a farce.
Develop clean, efficient burners, mine the coal and we have enough to power the country for CENTURIES!
Starve the Saudis and the rest of the Middle East states that are rich with our dollars. Keep our money here where our workers can earn, spend or save. I get sick seeing the YUGE city skyscrapers in the desert. That, we will stop with a determined leader in our White House. GO TRUMP!
The good news, despite the UMWA, the miners are untied against HRC. The bad news, the coal regions do not have enough votes to make any difference in the electoral college.
However can’t these rednecks advertise?
Without the coal, a difficult situation will become impossible; and those who chart climate over geological ages can make a good case that we’re on the brink of plunging into another ice age and that if coal burning CO2 really can buck that trend, it is to the good not the ill that it would.
Send the Obamas à lump of coal this Christmas
STFU, Peasants!!
We told you what we would do!!
ARF ARF ARF ARF....
— Hillary Clinton —
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