[TheRealVille]

By your estimate, which I take with a grain of salt given the high rate of factually inaccurate information that you have provided about the American coal industry, Booth's company would make between $2 and $4 dollars/ton on that contract - a profit margin of somewhere between 3 and 8 percent. Given that the Obama administration has declared war on coal and seems to be winning, Booth's contract does not sound all that lucrative.

All it takes to bankrupt a coal company is for the EPA to change its enforcement policies and team with the anti-coal zealots to use the federal courts to do Obama's dirty work. I doubt that Jim Booth is giving any credit to Obama for the contract that he negotiated. If Romney is elected, good times are ahead for the coal industry.

See post #1.