Coal is great again, thanks to Trump-era deregulation
(National Sentinel) Jobs: Coal miners are like any other skilled worker in America – they want to work. That their industry has become hyper-politicized in the era of the climate change hoax to the point of near-extinction is a national disgrace.
But thanks to deregulatory efforts by the Trump administration, the coal industry is roaring back – in terms of new jobs and profitability – and that is great news for American consumers.
As reported by Fox News, the very first coal mine opened in recent member in Pennsylvania last week, to much fanfare – including an attendance by the state’s Democratic governor, Tom Wolf, who endorsed Hillary Clinton, who never would have gotten rid of Obama-era regulations that would have led to new coal mine openings:
President Trump lauded the opening of the nation’s first new coal mine in recent memory.
Corsa Coal Company will operate the mine in Somerset County, Pa. – outside of Pittsburgh.
Corsa CEO George Dethlefsen said the mine will be a boon to the struggling local economy.
He praised Trump’s easing of regulations and encouragement for fossil fuel exploration.
Dethlefsen told Leland Vittert that for the 70 positions available in the mine, 400 people applied.
“It’s a hard day’s work every day, but it’s worth it,” one miner said.
Vittert said the news contrasts with Hillary Clinton’s message that she would “put a lot of coal miners out of work.”
In another good sign for coal, CNSNews.com reported that the industry also had its first profitable quarter since…no one can remember:
In the first three months of 2017, U.S. mining corporations with assets of $50 million or more had combined after-tax profits of $1.957 billion, according to the Census Bureau, which has posted quarterly U.S. mining industry after-tax profits and losses going back to the fourth quarter of 2000.
The after-tax profit that the U.S. mining industry earned in the first quarter of this year was a dramatic reversal from the first quarter of last year, when mining corporations with assets of $50 million or more posted losses of $27.075 billion.
Much to the angry Left’s chagrin, Trump continues to keep his campaign pledge to create more and better U.S.-based jobs, as part of his “Make America Great Again” strategy.
window._taboola = window._taboola || ;
_taboola.push({mode:'thumbnails-a', container:'taboola-below-article', placement:'below-article', target_type: 'mix'});