According to Murray Energy CEO, Robert Murray, Obama is on a “bizarre, personal and political” quest to destroy the coal industry, as well as the entire country.
Speaking at a Lincoln Day Dinner, he explained that Obama’s administration has issued regulations that illegally bypass the states and their utility commissions, the U.S. Congress and the Constitution in favor of putting the U.S. EPA in charge of the nation’s electric grid. EPA regulations on coal borders on the absurd, he added. “EPA regulations alone total 25 million words, 38 times more than those in the holy Bible.”
Astoundingly, the coal industry accounts for 7% of the gross business product in West Virginia, but pays 60% of the business taxes. Oil and gas producers aren’t even taxed to this extent.
The effects of Obama’s policies on the coal industry have been widespread layoffs, 21% from Murray Energy in May, and closures. Jobs and family livelihoods have been destroyed and these workers are unable to work and will fall on the negative side of the economic ledger for the rest of their lives.
“This is not the America that I have always cherished. Well, I am obviously not giving up. Nor should you. We have the law, science, economics, cold hard energy facts and the Constitution on our side. Our cause is right. It is right for the coal industry and our communities and America. … We must continue to do whatever we can to overcome the insanity of our current government.”
Full story here.