Trump losing fight for coal production as another coal company files for bankruptcy. Another one bites the dust. Maybe coal industry is dying and Trump is in denial??!!!!
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Coal competes with natural gas, and natural gas is 7 times cheaper today than it was in 2005:
BD66
Level 8
July 6, 2019
1
Not maybe! It has been dying for over half a century or more. Trying to keep it alive is as useless as it would have been to try and keep steam locomotives running.
Barnie2years
Level 8
July 6, 2019
2
Exactly. Trump has the same philosophy as the Luddites - who were bent upon destroying weaving machines and preserving inefficient cottage industries. 20 years later, Britain in general was prospering more than ever, with higher employment, although, admittedly, the weavers weren't happy.
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