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SCOTT DEPOT, W.Va. (AP) -- Busloads of United Mine Workers of America miners and retirees roared in protest outside Patriot Coal headquarters Monday, as the bankrupt company looks to nix a union contract that includes pension contributions and health benefits. From a makeshift stage on the bed of a tow truck, UMWA President Cecil Roberts bellowed out to a camouflage-clad crowd of 1,500 to 1,800 miners and led them in a march to nearby Patriot headquarters. UMWA packed twenty-two buses of miners from Kentucky, West Virginia, Pennsylvania and elsewhere, according to union spokesman Phil Smith.

CHARLESTON, W.Va. Patriot Coal Corp. filed for Chapter 11 bankruptcy protection Tuesday for the second time in three years. The company made the filing in U.S. Bankruptcy Court for the Eastern District of Virginia. It had emerged from an earlier bankruptcy case in December 2013 in Missouri. Patriot said it is involved in active negotiations for the sale of its operating assets to a strategic partner. Patriot said it will continue shipping and mining operations and it has received a commitment for $100 million in debt financing from secured debt holders that it did not identify.

Barack Obama Keeps Campaign Promise – Patriot Coal Corp Files For Bankruptcy Posted by Jim Hoft on Tuesday, July 10, 2012, 5:57 AM A one man wrecking crew– Barack Obama promised to bankrupt the coal industry during the 2008 campaign. “So if someone wants to build a coal-powered plant, they can. It’s just that it will bankrupt them.” On Monday Patriot Coal Corp filed for bankruptcy. Barack Obama kept this promise. Reuters reported: Patriot Coal Corp filed for bankruptcy on Monday, the first U.S. coal producer to seek court protection since prices began to plummet as electricity producers turned to...

NEW YORK--Patriot Coal Corp. filed for Chapter 11 bankruptcy on Monday, the largest casualty of the worst U.S. market for the power-plant fuel in decades. U.S. demand for coal has slumped this year as utilities favored cheaper natural gas, as prices of that fuel hit decade lows amid a supply glut. Coal miners, including Patriot Coal, have slashed production and laid off workers in an effort to match supply to weakening demand. Coal accounted for 35% of U.S. electricity generation during the first four months of the year, according to the Energy Information Administration, down from 44% during the same...