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Bob Murray, of Murray Energy Corp., on the future of the coal industry and the Obama Adminsitration’s impact on the industry.
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Robert Murray is the CEO of Murray energy he disagrees with all that in fact his he says his company is getting ready a lab workers and -- down.
One of the company's Ohio coal mines he says President Obama is actually to blame and he joins me now.
With some of those details what about ad by the way didn't ring -- -- you.
The -- is grossly dishonest Melissa.
Totally dishonest it is not correct.
Employment in the coal industry is way down.
Yep and mr.
Obama go -- mr.
mr.
Obama and his followers have closed a 175.
Coal fired power plants.
That's 83000.
Megawatts of coal fired generation.
And the industry is way -- and we are being forced to lay off our miners everywhere.
Bob veto it we looked at the statistics and in fact -- Korea national miners association there are eleven.
Coal plants in Ohio alone that have either closed -- scheduled to close because of EPA regulations at the same time coal mining employment has declined.
By about 4000 workers since President Obama took office but isn't really about his Warren Cole is that the reason for this -- could have to do with really cheap natural.
Gas crisis.
It is both man but it is primarily.
President Obama's war on cold when he ran for election he said you can build a coal fire power plant in America but I'll bankrupt you.
Joseph Biden said no -- in America they're making good on their promises they've closed a 175.
And power plants coal fired -- and Melissa this is the four cent per kilowatt hour power.
Compared to the 22 cent kilowatt -- solar.
And wind power that he advocates which by the way gets -- four dollars a kilowatt hour from the taxpayer.
So this is not only a crisis Melissa for the coal industry this is a crisis from the United States of America yeah because he is is eliminating.
The low cost electricity in America as staple of life.
While China is -- a new.
500 megawatt coal fired power plant every week and they've been doing it for years yeah so we're gonna be exporting jobs to China because they're -- -- have the low cost power.
Bob I certainly hear what you're saying and we are the Saudi Arabia of coal we have a ton of coal here literally will many more than a time but what -- the exact mechanism by which you think the president is shutting down here industry what is he doing.
That you see personally -- operations that's making it.
You know harder for you to operate.
-- -- on both ends Melissa first.
He's passed what's -- a train wreck about fifteen.
Different regulations through the federal EPA.
Upon the utilization of coal which makes an impossible.
For them to continue to burn coal in many of our plants or ever build another coal fired power plant in America in addition to that is getting us on the other end.
Because through -- -- US EPA and is office of surface mining.
He's not allowing us to get permits and the lesson if you can't get a permit to mind you can't mind your call -- can import your people.
-- -- All right Bob Murray thanks so much for joining us today bringing us your point of view we appreciate your time.
