The Briefing Room

General Category => Economy/Business => Topic started by: endicom on April 19, 2017, 03:42:14 am

Title: Those coal jobs ain't coming back (except...)
Post by: endicom on April 19, 2017, 03:42:14 am
Don Surber
Apr. 18, 2017

Forbes, May 5, 2016: "No Matter What Trump Says, Coal Mining Jobs Are Not Returning To West Virginia."

The Daily Caller, April 17, 2017: "A New Coal Mine Is Opening To Fuel The US Steel Industry."

Now the mine Daily Caller mentioned is in southwestern Pennsylvania, which is near but not in West Virginia.

West Virginia mines started going back in business in December, after patriotic Americans in 30 states elected Trump president.

More... http://donsurber.blogspot.com/2017/04/those-coal-jobs-aint-coming-back.html
Title: Re: Those coal jobs ain't coming back (except...)
Post by: geronl on April 19, 2017, 03:46:50 am
He did that in December? Wow, where did he find the time?

He also took a poop and sold it as a holy relic.
Title: Re: Those coal jobs ain't coming back (except...)
Post by: Frank Cannon on April 19, 2017, 03:47:11 am
If no one has noticed, the coal that the Chinamen are not buy from the Norks is being replaced by..........American coal.
Title: Re: Those coal jobs ain't coming back (except...)
Post by: Frank Cannon on April 19, 2017, 03:49:26 am
He did that in December? Wow, where did he find the time?

He also took a poop and sold it as a holy relic.

See. Here is another one where you should have asked your mother prior to posting. After Donny won, businesses were given the confidence to expand knowing irrational Left wing regulations would not be hobbling them.
Title: Re: Those coal jobs ain't coming back (except...)
Post by: Right_in_Virginia on April 19, 2017, 03:54:30 am
If no one has noticed, the coal that the Chinamen are not buy from the Norks is being replaced by..........American coal.

Absolutely!

Quote
China rejects North Korean coal shipments, opts for US supplies instead
Fox News, Apr 11, 2017

China has sent a flotilla of North Korean freighters loaded with coking coal back to their home ports, according to an exclusive Reuters report. Meanwhile, China has placed massive orders for the steel-making commodity from U.S. producers.

Information on the Thomson Reuters Eikon financial information and analytics platform revealed that 12 freighters were returning to North Korea.

Reuters attributed news of China’s rejecting North Korean coal to a trading source at Dandong Chengtai Trade Co., which is the biggest buyer of North Korea's coal.

More:http://www.foxnews.com/politics/2017/04/11/china-rejects-north-korean-coal-shipments-opts-for-us-supplies-instead.html
Title: Re: Those coal jobs ain't coming back (except...)
Post by: endicom on April 19, 2017, 04:11:51 am
See. Here is another one where you should have asked your mother prior to posting. After Donny won, businesses were given the confidence to expand knowing irrational Left wing regulations would not be hobbling them.


There was definitely a feeling that the clouds had lifted. And Trump may have made his appeal more to the unions than to the owners. That, after all, was where the votes were.
Title: Re: Those coal jobs ain't coming back (except...)
Post by: geronl on April 19, 2017, 04:19:22 am
More people work for Arby's than the coal industry
Title: Re: Those coal jobs ain't coming back (except...)
Post by: thackney on April 19, 2017, 12:17:22 pm
More people work for Arby's than the coal industry

The coal industry isn't limited to those in mining.  Power plants, steel production, cement kilns, railroads, etc.  Those are all jobs based on using coal.

https://www.worldcoal.org/coal/uses-coal
Title: Re: Those coal jobs ain't coming back (except...)
Post by: IsailedawayfromFR on April 19, 2017, 12:44:44 pm
More people work for Arby's than the coal industry
Where did you get that statistic?

If you were trying to make a point, at least use some facts instead of tissue paper.
Title: Re: Those coal jobs ain't coming back (except...)
Post by: geronl on April 19, 2017, 12:45:13 pm
A 6-month deal with China is temporary, it's not a revival
Title: Re: Those coal jobs ain't coming back (except...)
Post by: InHeavenThereIsNoBeer on April 19, 2017, 12:54:48 pm
The coal industry isn't limited to those in mining.  Power plants, steel production, cement kilns, railroads, etc.  Those are all jobs based on using coal.

https://www.worldcoal.org/coal/uses-coal

Notice how the WaPo article that seems to have started the Arby's/coal comparison uses "industry" in the headlines and "mining" in the data.  I'm sure that's an accident.

(https://img.washingtonpost.com/blogs/wonkblog/files/2017/03/coal_jobs.png)
Title: Re: Those coal jobs ain't coming back (except...)
Post by: endicom on April 19, 2017, 01:20:22 pm
By January 2016, more than 25% of coal production was in bankruptcy in the United States.[5] In 2015 four publicly-traded US coal companies filed for Chapter 11 bankruptcy protection, including Patriot Coal Corporation, Walter Energy, and the fourth-largest Alpha Natural Resources filed for bankruptcy protection. The second-largest producer Arch Coal and the largest producer Peabody Energy declared bankruptcy in 2016.[5][6][7] By March 2017, the coal industry employed approximately 77,000 miners. 60,000 jobs have been lost since 2011.[8

https://en.wikipedia.org/wiki/Coal_mining_in_the_United_States
Title: Re: Those coal jobs ain't coming back (except...)
Post by: Suppressed on April 19, 2017, 02:10:42 pm
Don Surber
Apr. 18, 2017

...

More... http://donsurber.blogspot.com/2017/04/those-coal-jobs-aint-coming-back.html

He says:

Quote
Carbon dioxide is a nutrient, not a pollutant. I rue that they no longer require basic science in college.

So of I dumped a truckload of manure onto his property, it would be "a nutrient, not a pollutant"?

What a maroon.  We scientists know that it something can be both.  Oxygen is essential for life, but and three oxygen atoms together form protective ozone....yet put that at ground level and breathe it, and it's not good for your health.

Carbon dioxide is useful for plant growth.  It also has other effects.

And that's basic science.