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.
Senator James Inhofe, ranking member of the Environment and Public Works Committee, responds to the controversy over Ted Nugent's comments about the Obama administration and discusses the administration's policies toward oil production.