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That deal turned out to be a disaster for the company when demand for both steelmaking and power-generating coal declined domestically and in several important international markets in recent years. Crutchfield said.

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The coal industry suffers from multiple problems. Natural gas prices have swooned in recent years, leading many utilities to switch from coal. The Obama administration on Monday unveiled a set of Environmental Protection Agency regulations that could close hundreds more coal-fired generation plants.

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And the strength of the dollar is reducing the competitiveness of American coal producers. As a result, Get laid in Sylvester va tonight production has been plunging in the United States, falling 15 percent since Still, stockpiles are mounting at mines as coal-fired power plants shut down month after month. The Energy Department expects a further drop of 70 million tons in coal production this year mainly because of a 7 percent decrease in demand by the electric power sector, which, in addition to natural gas, is increasingly turning to renewable energy sources like wind and solar laiv.

The Energy Tonighht projects that coal will continue to lose market share over the next decade, although it will continue to be an important source of energy. Alpha, which is based in Bristol, Va.

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For the last three years it has had to close much of its fleet of mines to reduce costs, shaving its payroll by roughly 4, workers, or more than a quarter Get laid in Sylvester va tonight its work force. To make matters worse, Wyoming regulators recently told the company it no longer qualified for a program that allowed the company not to buy insurance to cover future mine cleanup costs.

It is at least the seventh coal company to go into bankruptcy over the last year.

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Most of the others have been small, although another major company, Walter Energy, filed for bankruptcy protection last month with a plan to give control of the company to senior creditors.

Such a turn of events was hard to envision even five years ago, as Alpha and other coal companies went on a buying spree.

Coal prices were high, global demand was galloping along with the surging Chinese economy, and earnings were peaking. Alpha acquired Foundation Coal to ronight its operations to the western Powder River Basin, where coal can be cheaply mined off the surface, and the promise of exports to Asia was high.

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Then it made the Massey Energy purchase in after that company went into a Adult want nsa KS Pleasanton 66075 following the Upper Big Branch mine disaster in Tonihht Virginia, in which 29 miners died in an explosion. Wall Street analysts said the reorganization of the Gft was inevitable and that the losers would be the equity holders and the banks, and owners of the debt acquired at face value.

But Get laid in Sylvester va tonight of that debt has already changed hands at pennies to the dollar, and the new holders of the debt will most likely acquire most of the new equity in the companies after they are reorganized.

The other possible savior for the coal industry, according to some analysts, is China, although that could take some policy changes in Beijing. A version of this article appears in print onon Page B3 of the New York edition with the headline: The People v.

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Coal, an Outlaw Enterprise. Open in the app.