Patriot Coal files for Chapter 11 bankruptcy

Does Patriot Company produce anthracite for home heating?
And according to you, is that move from Patriot a good news for the futur of the company?

I believe they mine bituminous coal. It almost sounds like the Obama crackdown on coal is to blame. I just read where natural gas and coal are now at parity with regard to the generation of electricity. Soon NG will take over 1st place and relegate coal to #2,

I can predict the liberal responses to your post

Speaking of energy:

0bama's failed stimulus spent hundreds of millions of dollars creating jobs overseas, for example; there is the $500-million loan guarantee to Finnish automaker Fisker Automotive. That loan was made to help Fisker establish a U.S. manufacturing presence, but the company never established an American factory, choosing instead to shutter its U.S. operations and continue building cars in Finland.

Or the $337 million loan guarantee that loan went to California energy firm Sempra Energy who bought its solar panels from the Chinese firm Suntech for a solar power array in Arizona. The project, known as Mesquite Solar 1, reportedly used 800,000 of the Chinese solar panels.

Then there's Eurus Energy, who received $91 million in stimulus funds to build a wind farm in Texas, That wind farm reportedly was built with wind turbines manufactured by the Japanese company -- Mitsubishi.

The list of jobs outsourced by the 0bama administration literally goes on and on and every single one of these jobs was created by taking money from the struggling middle class here in America because they were paid for with our tax dollars.

And 0bama has the nerve to accuse Romney of outsourcing.

'Bend over and grab your ankles' will be the next $38,000 a plate theme.

The 'pointy heads' will play that theme until about Nov 6th and the 'NG' pricing will make a 'moon launch' in price IF they succeed!

Hint, boys and girls, this is only another nail in the already peppered 'Coffin of Reality'.

Yes the '11' is a very good idea, but too bad it had to come to that! Think of all the 'little guys' who have evaporated in the last 10 years.

Stand up, reach-down; make damned sure you have a pair'....if so MAKE YOUR FEELINGS COUNT and become proactive!