Team Obama Kills Another 750 Coal Jobs in Virginia, Kentucky and West Virginia

In January 2008 Barack Obama told the San Francisco Chronicle:

“Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”

He promised that his plan would cause electricity rates to skyrocket.

He wasn’t kidding.

Now thanks to Barack Obama’s radical energy policies, electricity rates are skyrocketing across the country and coal plants are shutting their doors. New regulations by the Obama Administration is forcing Arch Coal, Inc. to lay off 750 workers in Kentucky, West Virginia and Virginia.
FOX News reported:

One of the world’s largest coal producers said Thursday it would lay off about 750 workers in the Kentucky, Virginia and West Virginia coalfields, the latest setback for an industry struggling to sustain market share as utilities switch to cleaner and cheaper alternatives to generate electricity.

The bulk of the cuts by Arch Coal Inc., almost 600, are in Kentucky. The disappearance of high-paying mining work heightened anxiety in hardscrabble Kentucky towns where officials worried declining demand for coal would result in leaner budgets and more people on unemployment rolls.

“This is just a start, I think,” said Dennis Ray Noble, the judge-executive of Perry County, which he estimated has lost about 30 percent of its mining jobs in the last year and the jobless rate is 12.4 percent.

The St. Louis-based company said its subsidiaries would close three higher-cost mining complexes and associated preparation plants: two in Kentucky and one in West Virginia. It will temporarily idle another complex in Kentucky and curtail production at other facilities in the three states. The company accounted for 16 percent of the coal production in the U.S. in 2010.

The layoffs come amid forecasts that the share of U.S. electricity coming from coal will fall below 40 percent for the year — the lowest level since the government began collecting data in 1949. Four years ago, it was 50 percent. By the end of this decade, it is likely to be near 30 percent.

Obama’s new EPA regulations will cost the coal industry $180 billion and force electricity rates to skyrocket.

This was cross posted at FreedomWorks.

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  • democraps suck

    The job killing anti american…..needs to be sent to prison and waterboarded

  • Hoser

    Worry not, those privately held coal companies are doing fine.

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  • patrick57

    The United Mine Workers must really love OBAMA right now. What sweet payback for voting for him

  • shibumi

    Serves Virginia right, Obama did carry their state.

    As for KY and WV, well, seems like payback for not voting for The Won.

  • FloridaNative

    Too bad this story will never make it to the mainstream media.

  • well now

    He knows he was’nt going to win these states anyway, so what does he care?

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  • Blacque Jacques Shellacque

    “…as utilities switch to cleaner and cheaper alternatives to generate electricity.”

    If they’re moving to “cheaper” alternatives, why the increases in electricity prices?

  • Finncrisp

    #1 don’t need to waterboard him – he has already confessed and continues to confess every day. What we need to do is end his reign and put actual people that love this country back in charge. Barry , Harry, and Nancy are the numbskulls we need out.

  • Finncrisp

    Why doesn’t the media call this the Democrats war on coal? That’s what it is and it is actually a declared war…

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  • Joanne

    Obama loves America, and his primary goal is to create jobs, jobs, jobs…..gag….gag…gag. He hates America – is running and spending her into the ground. Sickening.

  • Tim in Cali

    “We are five months away from fundamentally transforming the United States of America…..BACK”

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  • Restless

    This needs to be front and center in Romney ads in these states… and nationwide. Because of the lack of coverage by the MSM, the majority of Americans have no idea what the Obama EPA is doing to our energy industry.

  • Taqiyyotomist

    OT Just thought of Andrew Breitbart

    Listening to Emeli Sande on Grooveshark:

    http://www.elyrics.net/read/e/emeli-sande-lyrics/read-all-about-it-(ptiii)-lyrics.html

    http://grooveshark.com/s/Read+All+About+It+Bonus+Track/4yutyr?src=5

    This song should be dedicated to Breitbart, IMO.

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  • pjean

    Tell me what is progressive about people losing their jobs and then be told they’ll be paying more for their electricity because of it?

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  • Prairie Boy

    Move to a Democrat city and go on welfare.

  • SeniorD

    Our Elitist Political Masters don’t worry about such plebian matters they have more than enough money, to say: “The rising cost of electricity, as rightly increased by The One (Allah praise him) is a matter of concern for the serfs.”

  • SeniorD

    Ooops!

    Should read “The rising cost of electricity, as rightly increased by The One (Allah praise him!) is matter of concern only for the serfs.”

  • Rose

    Why aren’t the American people having a big enough REVOLT against this garbage to stop it cold!

    What are they waiting for! What kind of disaster will it take to show them the foolishness of TOLERANCE for Marxism and ARTIFICIAL EMERGENCIES and ARTIFICIALLY CREATED POLITICIAN-CREATED BUT VERY REAL HORRIBLE MAJOR DISASTERS!!!

    I am disgusted with Sleeping American Citizens boiling away happily in their cozy pots of water like Tonight’s Blue Plate Special of Frog Legs in Louisiana.

  • Rose

    “The person who does not become irate when he has cause to be sins. For an unreasonable patience is the hotbed of many vices. It fosters negligence, and stimulates not only the wicked, but above all, the good to do wrong.” –St. John Chrysostom, c. 347-407 AD

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  • Nelle

    St. Louis based–lets all call Claire McCaskill.

  • its a marxist’s job to destroy the existing order.

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  • shuaib

    obama is not good not only for usa, he is not good for whole word,

  • political_proxy

    Ridiculous.

    Can’t they bring in some of the 800,000 illegal aliens (being allowed to stay in the US) to fill the spots??

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  • obama is a fraud

    When they SHUT DOWN the COAL MINES there is no spots left. Your pharmacy drugs are going up 4x the cost and every vitamin and asperin due to Obama policies for IRS placing fees on evey drug company–your electric bills are going from $16 kilo watts to $347 in OHIO and VA, MD, NJ, NYC—$167. Your electric is now $900 a month-food has increased due to him raising the price of GRAIN 4x-5x–and gas for truckers–farmers have raised the price of beef. Welcome to Obamas world–are you happy do the young have jobs? Do you have any extra money? Hows yur savings? They are after that next—-DOJ Holder are thugs–just like OBAMA. Thugs-entitlements? plz social will be gone for ALL!

  • RISE UP OR LIE DOWN…………..ITS UP TO ”WE THE PEOPLE” NO JOBS, NO FOOD, WHAT IS OUR COUNTRY COMING TO, WE MUST STAND UP AND BE COUNTED, IF NOT WE HAVE LOST EVERYTHING…. WHAT ARE WE WAITING FOR, THIS IS SO CORRUPT, DOWN RIGHT F^%$#@&
    WRONG.

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  • Cucinelli, the Attorney General of Virgina spoke about this on the Gerri Willis show. Please listen and tell
    your newspapers, tv stations that your electric bills will skyrocket, which affects your air condition, stoves and heating in the winter. The muslim,socialist and dictator is ready to totally
    destroy AMERICA. In the mean time we have Tuesday November 6, 2012. We must vote this
    Chicago THUG OUT OF OFFICE. Oh yes, if the environmentalist want to destroy this country, they can take control after the RAPTURE. GOD will rain down so much destruction, that it will
    take them 24/7 to clean air,water and land. So Obama get ready you will have the thugs and
    your Hollywood crowd. They will have to get their little hands dirty.

  • Cube

    #38. While we need to vote Obama out, that alone is NOT ENOUGH! We also need to vote out all his Democrat enablers in Congress. (Does anybody think Obamacare was passed by the occupant of the White House all by himself?) Then, in the process of defunding various agencies as we cut the government down to size, we need to root out the entrenched radicals in the remaining ones. THEN we will have our country back. It’s going to take several election cycles and we need to be ready to hear bad news from our leaders about the current shape we’re in without panicking and voting them out before the job is done.

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  • Bearly Living

    If your going to destroy a nation how do you do it? From within.