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Murray Energy CEO on Obama’s Impact on Coal Industry

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    Murray Energy Corporation CEO Robert Murray on the President’s energy policies.

  • Duration 5:20
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To energy.

Which is energizing.

Ohio voters.

President currently leading in the polls in Ohio but Ohio coal miner and -- Murray energy CEO Robert Murray.

Is scratching his head on out what doesn't understand -- -- of the president's energy strategy.

Is not good for Ohio on not good for the country and ultimately not going to -- Barack Obama in that state very good to have you mr.

Murray thanks for coming.

Thank you it's good to talk to you're again -- Let's talk about what is going out Ohio -- what we don't well -- up a bigger part coal plays in your state now come much that it.

Yeah energy is ablaze in your state yet the president depending on the poll right now Robert leads comfortably -- what's going on.

I don't believe those polls -- I believe -- -- governor Romney will carry Ohio.

The eastern and southern parts of the state which has 31 Democrat are not going to vote for Barack Obama.

They know he is destroying their lives.

And his radical bureaucrats as well and his war on cold.

He's close 204.

Coal fired power plants in America.

He's raised electric rates for all Americans 200 billion dollars already.

These people get it in eastern Ohio.

And they're not going to vote for -- Barack Obama.

Now -- -- the lie and and and Romney camp as I've been talking about.

How bad the president is going to be for -- this is from Paul -- today I want you to react to this.

This president cannot run on his record.

This president is gonna say anything and everything to try and blame.

To try and -- To try to distort to -- defied.

To trying to strapped.

To try and win by default.

And you know what Ohio.

We -- not gonna let them.

So Robert when you hear the president touting the improving economic numbers still weak -- you and I know for this stage -- a recovery but better than they work.

And the fact that this president says hey look I didn't I -- for pursuing call I did before pursuing oil as much as I have.

Green energy -- Someone is buying that right.

I hope not because it's an absolute live.

From the president and anyone that supports him to say that.

He is eliminating -- low cost electricity in America the coal fired electricity it's four cents a kilowatt hour.

And it's a human issue to me because it's -- lives and livelihoods of my employees -- that is destroying.

Know people are not buying his lies.

Now when -- all marital at least let its -- that's -- -- how is he stopped dating.

Your industry from expanding.

And sense of mining more -- because the last -- back and says.

We actually have more coal mining going on in the country today than we did when the president took office what do you say -- that.

He's going it in two ways eliminating the use of coal.

The four cent a kilowatt hour electricity the lowest cost electricity American story in two ways.

He's doing it in our permitting we can't get permits for the regulations.

They're coming out of the department of interior of the Department of Labor.

They rules and regulations that he's laying down we can't.

Get permission to mine the coal.

Even more so neo he's doing it on the utilization and through the US EPA.

-- causing electric utilities.

To stop burning coal.

And while he's substitutes -- 2010 -- a kilowatt hour wind and solar power.

They get 24 dollars at kilowatt hour from the taxpayer -- even exist at artificially exists because of the taxes.

So what's happening here is we're gonna have a crisis in America.

You may not be in the coal industry name may not be passionate as I am about my employees but every American should wake up to what's happening.

Because China is building a new 500 megawatt power plant -- every week and have been for years they're gonna have a four cent a kilowatt are.

And people don't wanna manufacture a product in the United States depending on low cost electricity are not -- -- compete in the global marketplace.

The next thing you're gonna have Obama -- is asking for legislation to pay people's electric bills.

The big PGA and the interconnection neo it and let me explain -- this is -- I think important for your peers to know.

Every quarter that DJ -- interconnection there's thirteen utilities east of the Mississippi River they buy and -- prior to one another in what's called an auction.

The auction price for fifteen and sixteen just went up 800%.

Eight times for this quarter for fifteen and sixteen over what the cost of power is an eleven -- well.

That is happens here we are watching closely Robert your passion is not being ignored Robert -- Salt Lake City thank you -- -- -- again.

It's.

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