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The largest U.S. coal company may go out of business (Peabody Energy)
CNN ^
| March 16, 2016
| Chris Isidore
Posted on 03/17/2016 10:28:25 AM PDT by rdl6989
Peabody Energy, the world's largest private-sector coal producer, warned early Wednesday it may go out of business, the latest sign of the brutal conditions in the battered industry.
In a regulatory filing the company said that ongoing losses and its decision to miss certain interest payments means it may not have enough cash to "sustain operations and continue as a going concern."
(Excerpt) Read more at money.cnn.com ...
TOPICS: Business/Economy; Extended News; Government; News/Current Events; US: Arkansas; US: New York; US: Vermont
KEYWORDS: 2016election; arkansas; berniesanders; chrisisidore; coal; election2016; energy; epa; globalwarminghoax; hillary; hillaryclinton; hitlery; methane; newyork; opec; peabody; peabodyenergy; petroleum; popefrancis; romancatholicism; trump; vermont; waroncoal; wipewater
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Now about that Hillary Clinton comment...
1
posted on
03/17/2016 10:28:25 AM PDT
by
rdl6989
To: rdl6989
Progressivism: PC in Darkened Rooms
2
posted on
03/17/2016 10:32:10 AM PDT
by
Rurudyne
(Standup Philosopher)
To: rdl6989
Suppose Geo Sorros will buy this one also?
3
posted on
03/17/2016 10:32:53 AM PDT
by
mountainlion
(Live well for those that did not make it back.)
To: rdl6989
Thank goodness unemployment is only 4.9%!
These folks can all get jobs at Carl jr’s — you know, cleaning the robots.
4
posted on
03/17/2016 10:33:16 AM PDT
by
ClearCase_guy
(I don't know what Claire Wolfe is thinking, but I know what I'm thinking.)
To: rdl6989
Had Obama his way, we’d all be out scouring the vast American desert for camel dung to light afire to warm our gruel each night, all the while praising Allah for our endless bounty.
5
posted on
03/17/2016 10:33:47 AM PDT
by
Gaffer
To: ClearCase_guy
I’m sure that’s what the Hildabeast has in mind.
6
posted on
03/17/2016 10:33:49 AM PDT
by
rdl6989
To: rdl6989
7
posted on
03/17/2016 10:33:57 AM PDT
by
dfwgator
To: rdl6989
the latest sign of the brutal conditions in the battered industry. The latest sign of communist, sodomite, mohammedan Barack Hussein 0bama's war on coal. The Kenyan Usurper hates Wyoming, West Virginia, and Kentucky.
8
posted on
03/17/2016 10:34:39 AM PDT
by
NorthMountain
(A plague o' both your houses.)
To: rdl6989
Obama & CO destroyed them. A lot of my relatives work for them.
9
posted on
03/17/2016 10:35:06 AM PDT
by
backwoods-engineer
(AMERICA IS DONE! When can we start over?)
To: dfwgator
That’s quite a double chin you have there, Hill!
10
posted on
03/17/2016 10:35:38 AM PDT
by
notaliberal
(St. Michael the Archangel, defend us in battle,)
To: notaliberal
More chins than Chinatown.
11
posted on
03/17/2016 10:37:12 AM PDT
by
dfwgator
To: rdl6989
Daddy, want you take back to Muehlenbeck Mountain?
I’m sorry my son, but Mr. Peabody’s coal train done hauled it away.
12
posted on
03/17/2016 10:37:16 AM PDT
by
Tupelo
(Honest men go to Washington, but honest men do not stay in Washington.)
To: backwoods-engineer
Obama & CO destroyed them. A lot of my relatives work for them. Prayers up for them.
13
posted on
03/17/2016 10:38:23 AM PDT
by
rdl6989
To: dfwgator
I wish Mr. Peabody’s coal train would haul her away.
14
posted on
03/17/2016 10:38:43 AM PDT
by
SelmaLee
(Will crawl over broken, burning glass.)
To: dfwgator
15
posted on
03/17/2016 10:39:35 AM PDT
by
brivette
(no tagline)
To: SelmaLee
16
posted on
03/17/2016 10:40:18 AM PDT
by
rdl6989
To: NorthMountain
The latest sign of communist, sodomite, mohammedan Barack Hussein 0bama's war on coal. As the article mentioned the Supreme Court has stayed Obama's regulations. This due to the cheap price of natural gas compared to coal and reduced demand from overseas customers.
To: rdl6989
Lets just hope they mothball the plant...in anticipation of the next ice age....due around 2025 / 2030 time frame.
Details here: https://www.youtube.com/channel/UC-5dIHmtQzHIdNCs7-bEdCA
18
posted on
03/17/2016 10:42:16 AM PDT
by
spokeshave
(Somewhere there is a ceiling for Trump.....Yeah, it's called The Oval Office)
To: Tupelo
It’s Muhlenberg County...down by the Green River where Paradise lay.
19
posted on
03/17/2016 10:42:43 AM PDT
by
damper99
To: Gaffer
You’re right...except for the ‘all’ part. The ‘right people’ will get to use energy.
20
posted on
03/17/2016 10:46:42 AM PDT
by
lacrew
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