In one of its first steps to reducing our dependence on foreign energy, the new administration in Washington has STOPPED THE ISSUANCE OF ALL permits for coal strip mining of mountain tops.
We have lots of coal but the current administration would rather see it stay in the ground.
Did you notice what's happening to the price of oil this week?
Sort of reminds me of when the Rendell Administration chased out the companies that had already mobilized to go for natural gas on Marcellus shale. They just pulled out and went to West Virginia to hit the same structure.
Wonder why the Chinese economy is still growing? Their coal production is going up and they open another coal fired generation plant every month or so.
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