Murray Energy CEO Says Trump Could Help Rescue Coal in 3 Months – by Tim Loh (Bloomberg News – January 24, 2017)

https://www.bloomberg.com/

Robert E. Murray, founder of Murray Energy Corp. and an outspoken advocate for coal miners, has a wish list for President Donald Trump — and he expects Trump can get through much of it within three months.

Murray said he spent time with Trump and “virtually all” of his key appointees last week and is convinced that “the very best people” are running the federal government. The new administration is ready to improve coal’s competitiveness and “allow us to survive,” Murray said in a phone interview Monday.

Trump vowed during his campaign to bring back jobs for coal miners as the industry grappled with its worst collapse in decades. Hundreds of mines in the U.S. have shut as cheap natural gas and environmental regulations shrink demand for the power-plant fuel.

Murray has lauded Trump’s plan to pull the U.S. from an international climate change pact. He’s also called on Trump to gut some federal regulatory agencies and install a Supreme Court justice friendly to fossil-fuel interests.

“We should have that in three months, and that should be about the longest,” Murray said of the Supreme Court pick. “I’m not a patient man. I’m going to be watching that things happen as fast as they can.”

For the rest of this article, click here: https://www.bloomberg.com/politics/articles/2017-01-24/murray-energy-ceo-says-trump-could-help-coal-within-three-months

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