[Hoot Gibson]

But, right now, most of the problem for coal companies are low prices.

Coal is not like water and neither is oil. Democrats have already stopped the development of large American oil reserves and now they are working hard to destroy what was a healthy coal industry.

Coal prices always drop when there is an oversupply and there is always an oversupply during a recession. The Obama administration is having a large impact on the demand for coal by pushing cap and trade legislation and actively making it more difficult to obtain mining permits.

Obama promised to put companies determined to build new coal fired power plants out of business and he is making good on that promise. Anybody whose job depends on the coal industry, directly or indirectly, would be a fool to support this president's agenda. Eastern Kentucky is not going to be a pleasant place to live as the economy continues to shrink and jobs continue to disappear.