Appreciate your time. Weve been showing you images this morning from the powhatan center ons loading the ohio river, just across the river, you can just across the river is the mitchell powerplant owned by America Electric power. Is the Senior Vice President of commercial operations at American Electric power, which owns those plants. He joins us now from Powhatan Point. Guest good morning. You how money plants do operate a many customers do you provide electricity for . Guest we serve 5. 4 million customers across our 11 state area. Going tor of plants is be a little more difficult to nail down with the technology change, now that we are investing in Wind Turbines and the generatingut capacity is about 3. 1 gigawatt hours. Thats approximately 175 units. Host in terms of the plants, how many are coalfired . Of ourabout 47 generating capacity is cold. Al. Host and the smokestacks we are seeing behind you stationed at the power plant, are those coal power plants . Guest yes, they are. Th
Mines are for that etal how much countries are developing how much steel we need to make buildings. Host Manuel Quinones is our first guest this morning. Special phone lines today. We want to hear your comments coal miners and family members of coal miners, 2027488001. Otherwise, lines are split up regionally. ,entral and eastern time zones 2027488000. Mountain pacific time zones, 2027488002. Lets talk about the power plants themselves. Where will you find coal power plants in the United States . Guest they are all over the country. You have a lot of coalfired power plants in ohio and indiana and missouri. Western states, youve got Southern States it really runs the gamut. If you look at the ohio valley area, an area that has been historically coal heavy because it is easy to transport, you have rivers and rail and a lot of mines nearby, but really, it is distributed across the country. Theres a lot of states that have tried to move away from coal. A lot of states have been moving away
And if our leaders arent careful, i think this could get out of control. If it keeps up, you have to believe well see more dice like this one. The dow lost, s p plunged 2. 5 and nasdaq nosedived 1. 47 . First, i think the recent rhetoric against business is insays. In my view, the creation of capital through hiring and building something is worth celebrate. I look as it as a way to get food on the table, as a a, i celebrate it. And when i see Fabulous Business people dock wonderful its not like theyre creating any jobs. Good business people, though . Theyre heroes to me. But thats not how many politicians look at business right now. This noisy dispute is now front and center in the investment, and the tone is so damaging, we might as well be in a bull fight, and we all know how those end. First the blocking of the pfizer allergan deal. Two years ago this agency said only that are domiciled overseas in low tax jurisdictions, but since then treasury has promise you will gated three rules
He announced hundreds of workers are laid off because of the white houses war on the coal industry. Hes not the only one. For example coal stocks are getting pummeled, taking huge losses. To Robert Murray on why he expects more to come. He joins us on the phone exclusively. Robert, you saw this day coming. Now its coming. How bad do you think this gets . Its going to get a lot worse for america. Its not just the coal industry. Its america. The Obama Administration is destroying the availability, the reliability and the affordability of electric tower in this country. I call it a political power grab of americas power grid. In doing so, mr. Obama and his supporters have bypassed the United States house and senate the United States constitution the law, the states themselves and the regulatory agencies of the states neil who are entrusted with providing our electric power making sure we have reliable power, and the cost of it. Hes bypassed all of that. In a very illegal way that is why t
To 70 is the spread at 4 00, and when we get to 7 00 the threat of ran democrat showers disasters to taper rapidly so it will be dry and cooler so grab a coat. Problems already, we have new problems as well, with delays from hayward and a brand new crash on 880 near 238 but a picture of the bay bridge toll plaza shows it is busy coming from the east bay and then it is normal traffic into San Francisco at 15 minutes. Now, moving over to san jose, 280, still moving along without any problems and no crashes to report at highway 17. In europe a commercial jet crashed in for example alps and the airline update none of people raising it to 150 passengers and crew and no one is believed to have survived. We are in the newsroom with the latest from tiffany. Plane sent out a distress call. Germanwings flight 9525 crashes in the southern french alps on the way from barcelona dusseldorf. The president of france called the crash a tragedy on french soil. The nationalities are not known but 45 pass