China cannot build coal plants fast enough. Obama cannot understand why they will not go away. Natural gas prices make it an obvious competitor but Obama does not want it on our plate either. It’s like guns, illegals, education, employment, religion, you did not build that, my fair share…, any of Obama’s priorities. In the end it’s never about the issue, it’s about freedom, the elimination of it.
PBS Coals and their affiliate announced both a reduction in production and layoffs due to Obama’s restrictions. Layoffs included 225 yet these are all too common in business today in an economy which Obama insists has turned around. Weekly unemployment numbers continue to hover just under 400,000 based on seasonal adjustments. In this instance they are coming out of our energy sector, from private companies, not the Solyndras.
PBS Coals CEO: “Both the foreign and domestic coal markets remain soft due to weak economic growth and activity. Additionally, the escalating costs and uncertainty generated by recently advanced EPA regulations and interpretations have created a challenging business climate for the entire coal industry.”
Obamanomics is uncertainty supported by liberals. What long term legislation has been passed in the last 3.8 years that has been beneficial to America? Nothing but few short term extensions of previous policy with suicide amendments labeled as Obama cuts.
Gulf oil companies are now drilling in Brazil… America is importing energy resources from terrorist countries to beat the heat this summer while those countries use profits to reinvest in their futures, including militaries.