January 13, 2016

Coal Monolith Tumbles; Obama to Blame

Obama has played a direct hand in the coal industry’s demise.

This is what Barack Obama’s regulations do in the real world. The nation’s second largest coal company, Arch Coal, filed for Chapter 11 bankruptcy protection Monday, seeking to strike $4.5 billion in debt from its ledgers. In an industry struggling and bleeding jobs, one of the monoliths has fallen. The cause of death was in part the rise of natural gas. The energy source has overtaken coal and become the nation’s go-to source of energy and China’s coal industry has been a stiff competitor (no thanks to Obama’s climate change agenda). But the Obama administration has also played a direct hand in the coal industry’s demise. His Environmental “Protection” Agency has rocked the industry with round after round of regulation in its war on coal. Of course, the markets go round and round. Arch Coal, which went into debt in 2011 acquiring another coal company, might have been able to ride out this economic slump. But as The Wall Street Journal’s editorial board notes, Obama regulations will exist until — by slender chance — a future administration realizes the economic harm they have on the nation. Even now, that economic harm will be felt. WSJ’s editorial board says, “Even after recent declines in market share, coal-fired plants still provide roughly a third or more of American electricity. So utility customers will notice the coal carnage when they see their monthly bills — or perhaps when the lights don’t go on. But for now the pain is concentrated among those who used to work in the coal fields. They are still waiting for all those new green jobs Mr. Obama has been promising since he arrived in Washington.”

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.