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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: DinoNavarre who wrote (3860)10/30/2019 6:02:21 PM
From: Elroy Jetson  Read Replies (2) of 13803
 
Energy costs continue to plummet across the board, squeezing-out high-cost producers like coal.
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Coal producer Murray Energy filed for bankruptcy today, making the 11th coal producer in the US to file for bankruptcy since Donald Trump was elected. - cnn.com

This comes in spite of Trump wasting Billions of taxpayer Dollars to subside a variety of boondoggle coalier-energy projects over the past 3 years.

Coalier-energy for electric production is as uneconomic as running a car on purple unicorn farts.

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