First Casualty In War On Coal -- James River Files For Bankruptcy; Goodnight, Moon

24/7 Wall Street reports:

The natural gas revolution claimed its first coal-mining victim after markets closed Monday night. James River Coal Co. filed for Chapter 11 bankruptcy protection as it tries to find either investors or buyers.

Without the EPA regulations, coal is/was still cheaper than coal. Natural gas made a huge difference, but this all about the administration's war on coal.

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Goodnight, Moon, Shivaree

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Goodnight, Moon, Audrey Hepburn