Article

2017-02-02 Economy

US House axes regulations on oil and mining company payments, stream pollution

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Posted by g(r)omgoru 2017-02-02 05:02|| || Front Page|| [3 views ] Top

#1 The regulatory leviathan is the #1 threat to a vibrant economy. It is the #1 reason that small business formation is at its lowest point since the Constitution was ratified.

It is also the #1 reason that the publicly employed are making more money, on average, than private ones, and that they have come to see themselves as the private sector's rulers rahter than its servants.

Kill the leviathan, and many things become right again in the U.S.

Posted by no mo uro 2017-02-02 06:15|| 2017-02-02 06:15|| Front Page Top

#2 ....say it is hurting coal jobs by placing unworkable limits on the industry.

But that was the Gov't intent. Didn't Obama tell us in 2008 that he would make coal mining too onerous and expensive to pursue ?

Posted by Besoeker 2017-02-02 09:43|| 2017-02-02 09:43|| Front Page Top

#3 Just a bit too late for Vanguard (VNR)

"Vanguard"or the "Company") today announced that the Company has voluntarily filed petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division (the "Court").

Posted by Besoeker 2017-02-02 13:41|| 2017-02-02 13:41|| Front Page Top

#4 The stream buffer rule is intended to lessen the amount of waste from mountain-top removal coal mining deposited in local waterways.

Another way to reduce this sort of pollution would be to prevent hacks at the EPA from going into closed mines with backhoes and ripping up the retainer walls.

Posted by Raj 2017-02-02 14:52|| 2017-02-02 14:52|| Front Page Top

#5 There isn't much mountaintop coal mining going on these days. The current regulations have been adequate in pollution control. The opposition, and this article, make it sound like the coal mining companies are literally dumping coal waste into streams. It ain't happening. I live in coal country. Fearmongers all.

Posted by Deacon Blues 2017-02-02 15:25|| 2017-02-02 15:25|| Front Page Top

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