Western South Dakota's Only Ranch Station

Amid pandemic, US coal industry seeks lower taxes, royalties

BILLINGS, Mont. – The lobbying arm of the U.S. coal industry is asking for hundreds of millions of dollars in royalty relief, tax cuts and other breaks to help companies ride out the financial crisis brought on by the coronavirus pandemic.

National Mining Association President Rich Nolan made the request in a letter sent this week to the White House and the leaders of the House and Senate.

Even before the current economic upheaval, the coal mining industry was in sharp decline as utilities across the nation switch to cleaner-burning natural gas and renewable energy sources.

People are also reading...

SD Weekly Gas Price Update.

Weather

loader-image
Rapid City, US
1:31 am, April 25, 2024
temperature icon 51°F
clear sky
Humidity 60 %
Pressure 1009 mb
Wind 8 mph
Wind Gust: 10 mph
Visibility: 0 km
Sunrise: 5:52 am
Sunset: 7:48 pm
Abigail Tweedy

Market News

Share via
Copy link