Coal Gathering Opens With Dour Assessment, Political Vitriol

Map of Pennsylvania highlighting Allegheny County

Map of Pennsylvania highlighting Allegheny County (Photo credit: Wikipedia)

A Pittsburgh conference examining a possible resurgence of coal markets opened Monday with a dour view of the industry from one of its most controversial leaders.

“We have the absolute destruction of the American coal industry. If you think it’s coming back, you don’t understand the business. Or you’re smoking dope,” Robert E. Murray, CEO of Ohio-based Murray Energy, told several hundred industry executives gathered for the Platts 37th Coal Marketing Days.

Murray, whose company has filed four lawsuits against the Obama administration over proposed environmental rules, mixed market predictions with political vitriol, mostly aimed at the White House and climate change.

Read more: http://triblive.com/business/headlines/6837696-74/coal-murray-industry#ixzz3E4M6Livu
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