Obama's War on Coal Producing the Desired Effect: Layoffs in Abundant Coal Areas of Nation

Daily Caller - Pointing their fingers in part at regulations the Obama administration has imposed on their industry, two coal companies announced layoffs Friday.
Pennsylvania’s PBS Coals Inc. and the affiliated RoxCoal Inc. announced that they would idle some of their deep and surface mines, laying off 225 employees in the process.
“Both the foreign and domestic coal markets remain soft due to weak economic growth and activity,” PBS Coals president and CEO D. Lynn Shanks explained in a statement. “Additionally, the escalating costs and uncertainty generated by recently advanced EPA regulations and interpretations have created a challenging business climate for the entire coal industry.”
According to the Pittsburgh Post-Gazette, which first reported the layoff, the company employs 795 workers. In Alledonia, Ohio, Murray Energy Corp. announced Friday it would lay off 29 union coal mining jobs at The Ohio Valley Coal Co.’s Powhatan No. 6 Mine. Read full story here: News New Mexico

Obama's War on Coal Producing the Desired Effect: Layoffs in Abundant Coal Areas of Nation