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General Discussion

pipoman

(16,038 posts)

1. Mining is expensive..

Reply to kpete (Original post)

Mon Feb 11, 2013, 01:11 AM

Feb 2013

I don't really think what they pay for it is as important as the cost of production..if the cost of production is $3 per ton, then yes, something is wrong with this picture. If production cost is $25, not so much..

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Highlight:

Coal companies pay 25� a ton for coal from public lands turn around and sell it for $35 a ton [View all] kpete Feb 2013 OP

Mining is expensive.. pipoman Feb 2013 #1

Old news 2naSalit Feb 2013 #2

Yep. Just another item on the endless list of private welfare parasites stealing from the people. nt Egalitarian Thug Feb 2013 #6

Then they dump cleanup and land reclamation costs onto the taxpayers. HooptieWagon Feb 2013 #3

Disgusting.... alittlelark Feb 2013 #4

perhaps the POTUS will call for a solar revolution in his SOTU next week... nt msongs Feb 2013 #5

I don't give a rat's ass about what he says in TSOTU 2naSalit Feb 2013 #7

to be fair, they pay $0.25 per ton PLUS the costs of extraction, transport, workforce... mike_c Feb 2013 #8

One wonders if a less than 1% royalty for coal mined on public lands is corporate largess and indepat Feb 2013 #9

Big gubmint greed upi402 Feb 2013 #10