... to expedite this natural gas boom, President Obama just recently decided to form an interagency natural gas council run by Cecilia Munoz, a former community organizer with La Raza and White House bureaucrat with deep-ties to George Soros, the billionaire investor who made his fortune in currency trading throughout the world while bankrolling liberal political efforts.
Munoz formerly led the OpenSociety Institute and the Center for Community Change, two organizations which are directly connected to Soros, MoveOn.org, ACORN, and other fringe groups with a long record of opposing the development of America's oil and coal resources....
HOT AIR: Notice anything missing from this “all of the above” representation?
.... Let me give you a hint. It’s dark, hard, comes out of the ground, and creates jobs for hundreds of thousands of Americans. That’s right — coal. But hey, that’s no big deal, right? We don’t rely much on coal in the US. Why, it only accounts for, er …46% of all electricity produced in the US
KEITH JUDD, POSTER BOY FOR WV COAL INDUSTRY
April 11, 2012:
CHARLESTON, W.Va. -- Alpha Natural Resources Inc. has reported a first-quarter net loss of $29.1 million or 13 cents a share on revenue of $1.9 billion.
Facing weak demand for steam coal used by power companies to generate electricity, Alpha announced production cuts in February that will reduce annual output by about 4 million tons.
Kevin Crutchfield, Alpha's chief executive officer, hinted that even bigger cuts are in the works... The changes to be announced will reduce Alpha's steam coal production by the equivalent of an additional 7 million tons a year, he said.
.... The total impact the additional cuts will have on employment was not immediately known. Alpha has about 14,500 employees. Of that total, about 8,000 are in West Virginia.