coal bankruptcy

Senator Joe Manchin YouTube screenshot

West Virginia Democratic Sen. Joe Manchin pledged Wednesday to block all legislation until pensions and health benefits are secured for coal miners. 

Manchin said no legislation will pass the Senate until he is assured that coal miners’ benefits will be in the spending bill used to fund the federal government.

The Bipartisan American Miners Act would permanently secure pensions for about 82,000 coal miners who could lose their retirement benefits by sometime next year without congressional action.


Sydney Boles | Ohio Valley ReSource

The recent bankruptcy of Murray Energy is likely to significantly increase the debt of a struggling federal trust fund that supports disabled miners’ health care expenses.

According to court filings, Murray Energy could be responsible for as much as $155 million under the Black Lung Act and general workers’ compensation, but testimony from the Government Accountability Office shows that the company only offered $1.1 million in collateral to the Black Lung Disability Trust Fund. That means the struggling fund will likely have to take on at least some of that liability.


Ohio-Based Coal Giant Murray Energy Declares Bankruptcy

Oct 29, 2019
Sydney Boles / Ohio Valley ReSource

Murray Energy Corp., the largest underground coal mining company in America with a substantial footprint across the Ohio Valley, has filed for bankruptcy protection.

“Although a bankruptcy filing is not an easy decision, it became necessary to access liquidity and best position Murray Energy and its affiliates for the future of our employees and customers and our long term success,” company founder Robert Murray said in a release.


Sydney Boles

Coal miners who went without pay when mining company Blackjewel declared bankruptcy this June are one step closer to receiving lost wages. The checks come weeks after some of the miners ended a long-running protest, and months after the federal Department of Labor first intervened to allege the company violated labor laws in the month before it folded.

Rumors of a deal circulated early this month, and in consent orders filed in U.S. district courts in Kentucky and Virginia, Blackjewel committed to pay more than $5 million to miners.


Sydney Boles / Ohio Valley ReSource

Coal executive Bob Murray clashed Monday with federal energy regulators at a Lexington, Kentucky, energy forum over what Murray called a failure by the Federal Energy Regulatory Commission to sufficiently support the struggling coal industry.

“The word that I’ve been using to describe FERC is feckless,” Murray told the audience, including FERC Chairman Neil Chatterjee.

Murray wanted FERC, which regulates the wholesale transmission of energy, to enact a Trump Administration proposal that would have subsidized coal-fired power plants and helped keep them competitive with cheaper natural gas. Murray Energy and other coal companies argues that without enough coal in the nation’s fuel mix the electric grid could become unreliable, posing a risk to national security.


Curren Sheldon

Curtis Cress sat in the gravel beside a railroad track in Harlan County, Kentucky. Tall and thin with a long, black beard, Cress is every bit a coal miner, or, he was until a month ago.

“It’s part of my heritage, you know? My dad and papaws had always done it,” he said. “And I’m proud of that heritage.”

Cress had been at these railroad tracks for days, with little sleep. Not far down the rails sat a row of hopper cars filled with coal from his former employer, Blackjewel Coal.


Protesting Blackjewel Miners Could Get Some Overdue Pay From Bankruptcy Sale

Aug 7, 2019
Curren Sheldon

More than a thousand coal miners left unpaid by the abrupt bankruptcy of Blackjewel mining could soon be getting some – but not all – of the money they are owed.

Dozens of miners have staged a week-long protest on railroad tracks in Kentucky’s Harlan County, blocking delivery of a load of coal from a Blackjewel mine and demanding their pay. 

A federal court overseeing the Blackjewel bankruptcy Tuesday concluded the sales of the mining company’s properties and equipment, and buyers have put money toward paying some of the roughly $11.8 million in pay and benefits due to miners in Kentucky, Virginia, and West Virginia, most of whom have been without pay for a month.