Murray Energy Corporation Responds to Hillary Clinton's Statement That "We're Gonna Put a Lot of Coal Miners and Coal Companies Outta Business"

Mar 15, 2016, 16:47 ET from Murray Energy Corporation

ST. CLAIRSVILLE, Ohio, March 15, 2016 /PRNewswire/ -- "Her statement is an affront to the coal miners of the United States, and their families, as well as the up to eleven working families whose livelihoods depend on each of our direct mining jobs," said Mr. Robert E. Murray, Chairman, President, and Chief Executive Officer of Murray Energy Corporation.  "While such a threat to our lives from a Presidential candidate is beyond strange, it does confirm what the national Democrat party has been accomplishing for the past eight years," he added.

"Nearly two hundred thousand of America's coal miners have lost their jobs, and forty-nine (49) American coal companies have filed for bankruptcy, as a result of the policies of the Obama Administration and the increased use of natural gas to generate electricity," said Mr. Murray,  "Mrs. Clinton has now promised to further this destruction," he added. 

"But, what it also does is raise electricity costs for all Americans and destroy the reliability of our Country's electric power grid," Mr. Murray explained.  "In promoting her wind and solar power, she does not say that it is unreliable and that it costs 22¢ per kilowatt hour (plus a 4¢ per kilowatt subsidy from our taxpayers) compared to 4¢ per kilowatt hour for electricity from coal," he added.

"Her statements demonstrate her absolute incompetence on matters of energy policy and her contempt for coal mining families in this Country," Mr. Murray commented. 

Murray Energy is one of the largest employers in the United States coal industry, employing approximately 5,300 people in six (6) states.  This has been forced down from 8,400 jobs in May, 2015 due to Federal policies and the increased use of natural gas. 

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SOURCE Murray Energy Corporation



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