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August 3rd, 2012
12:25 PM ET

Coal company CEO: 'Barack Obama and his Democrat followers are destroying entire segments of America'

An Ohio mining company is planning to lay off all its workers and shut down its operations this fall, and the company's executives say that it's all President Obama's fault.

An Ohio-American energy statement says: "Regulatory actions by President Barack Obama and his appointees and followers were cited as the entire reason [of the closure]."

The mine at the center of this case is located near Brilliant, Ohio. At it's peak, the company employed 239 people. Right now, the mine has 56 employees, 32 of which have been told that they'll be transferred within the company.

Over the past few years, the coal industry has suffered. In 2011, the United States used 124 million fewer tons of coal than it did four years earlier, and coal's competition, natural gas, has become a lot cheaper to use.

Ohio-American Energy is a subsidiary of Murray Energy Corporation, and it's founder, chairman, president and CEO Robert E. Murray joins Starting Point today to explain why he blames the president for the company's closure.

Filed under: Energy
soundoff (6 Responses)
  1. Alma Soelch

    Not sure who is going the math over there. But 1965 – 2012 is not 57, it is 47.

    August 6, 2012 at 7:23 am | Report abuse | Reply
  2. Amir Ali

    President also like to use natural gas we using in pakistan as cng in vehicles so how to use coal in buses n trucks so mr murray find out some other way ...

    August 6, 2012 at 4:22 am | Report abuse | Reply
  3. Amir Ali

    I got email n very easily i see the pics otherwise very difficult to see pics on my mobile phone maybe any good girl is there not like ms becky an

    August 6, 2012 at 2:12 am | Report abuse | Reply
  4. tompgallagher

    The interviewer should be embarrassed with her partisan approach to the interview. She is no objective journalist and carried on after the guest was done so he could not respond. Probably why so few people watch her.

    August 5, 2012 at 5:04 pm | Report abuse | Reply
  5. Bob Powers

    Why is it that whenever anything goes wrong people blame someone other than themselves. Mr Murray is obviously a staunch conservative and is using the "Jerry Springer" tactics of scaring the bejesus out if people without facts and justification. He obviously does not like the President and is using his emotional decision to guide him instead of adapting to the rules.

    August 4, 2012 at 8:04 am | Report abuse | Reply
  6. Horace Grant

    Wow! He is why CEO's should not have ANYTHING to do with governing this country.

    August 3, 2012 at 8:54 pm | Report abuse | Reply

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