Foresight Energy Bets That There's Gold in Coal

Cross Posting, Wall Street Journal

Foresight Energy Bets That There’s Gold in Coal Illinois Miner Raises $350 Million in IPO Despite Industry’s Threats From Regulators, Natural Gas June 17, 2013 By John W. Miller http://online.wsj.com/articles/foresight-energy-bets-that-theres-gold-in-coal-1403042566

Coal has gotten a black eye in the U.S., but Foresight Energy LP thinks coal is golden.

The miner . . . → Read More: Foresight Energy Bets That There’s Gold in Coal

Coal Industry Drains Close to $20 Million from Illinois State Budget Annually

Downstream Strategies

View Report Here

A report released today by the Center for Tax and Budget Accountability and Downstream Strategies estimates that in the 2011 Fiscal Year, the coal industry drained nearly $20 million from the Illinois state budget in subsidies and expenditures related to supporting the coal industry. The report,┬áThe Impact of Coal . . . → Read More: Coal Industry Drains Close to $20 Million from Illinois State Budget Annually