Today 102 employees have or will be notified that their employment with Utah American Energy has been suspended until further notice for reasons as listed below in the following Press Release:
FOR IMMEDIATE RELEASE
November 7, 2012
CONTACT:
media@coalsource.com
пїјпїјпїјThe reasons for the one hundred and two (102) employee layoffs at UtahAmerican Energy, Inc. were explained by the Company today.
Because of the “War on Coal” by the administration of President Barack Obama, the following has already occurred to the United States coal industry:
п‚· Production in 2012 has been reduced from the historic 1.2 billion tons per year to only 825 million tons this year.
п‚· The actions of Mr. Obama and his appointees in the U. S. Environmental Protection Agency, Department of Interior, Office of Surface Mining, and Department of Labor, have already lead to the closure by 2014 of 204 American coal-fired power plants.
п‚· Because our coal markets are being so drastically reduced, in some regions and at some of our Companies at greater rates than the national industry, there is nowhere to sell our coal, and when we can, the market prices are far lower.
п‚· Without markets, there can be no coal mines and no coal jobs.
National university studies show that for every coal miner laid off, up to eleven (11)В secondary jobs in the community will also be eliminated.
While the industry is being destroyed, incremental electric power auction prices have increased 800 percent (8 times) for the years 2015 and 2016 over current prices.
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After Tuesday’s Presidential election results were released, Robert E. Murray,chairman, president and chief executive officer of Murray Energy Corp, felt the need to pray forAmerica and the path it will now travel because of the voter’s choices. That prayer has now been made available on Twitter from The Intelligencer, Wheeling, WV news register. Below you will find a copy of that prayer, and also Mr. Murray’s prediction of America’s future.
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Mr. Robert E. Murray’s Prayer, as shared with his workers:
Dear Lord:
The American people have made their choice. They have decided that America must change its course, away from the principals of our Founders. And, away from the idea of individual freedom and individual responsibility. Away from capitalism, economic responsibility, and personal acceptance.
We are a Country in favor of redistribution, national weakness and reduced standard of living and lower and lower levels of personal freedom.
My regret, Lord, is that our young people, including those in my own family, never will know what America was like or might have been. They will pay the price in their reduced standard of living and, most especially, reduced freedom.
The takers outvoted the producers. In response to this, I have turned to my Bible and in II Peter, Chapter 1, verses 4-9 it says, “To faith we are to add goodness; to goodness, knowledge; to knowledge, self control; to self control, perseverance; to perseverance, godliness; to godliness, kindness; to brotherly kindness, love.”
Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build. We ask for your guidance in this drastic time with the drastic decisions that will be made to have any hope of our survival as an American business enterprise.
Amen.
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Mr. Murray’s Outline of America’s Future:
What I foresee in America, by Robert E. Murray:
– Drastically reduced economic activity
– While putting Murray Energy into a survival mode, I will be fighting allegations from radical Obama supporters that you know are blatantly false and were inspired only to shut down our opposition to them on behalf of our employees, your area, and our country
– We must be passionate and austere in all that we do.
Murray Energy Corp.
Robert E. Murray
Chairman, President and Chief Executive Officer
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