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The COVID-19 Pandemic Caused A Big Drop In Coal Production In Indiana


Credit FILE PHOTO: Barbara Brosher / WFIU/WTIU News
COVID-19 has put pressure on Indiana’s already struggling coal mining industry. Coal production dropped by nearly 37 percent last year more than any of the other top coal mining states. Experts said it’s unlikely coal production in the U.S. will recover to what it was before the pandemic.
The U.S. Energy Information Administration shows overall coal production in the U.S. last year was the lowest it s been since 1965.
Rosalyn Berry manages the coal statistics program at the EIA. She said the “Stay-At-Home” orders during the pandemic are responsible for a lot of the decline. ....

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The COVID-19 Pandemic Caused A Big Drop In Coal Production In Indiana

The COVID-19 Pandemic Caused A Big Drop In Coal Production In Indiana
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Ex-CEO Fails To Block White Stallion Cash Collateral


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Ex-CEO Fails To Block White Stallion Cash Collateral
Law360 (January 28, 2021, 10:38 PM EST) A Delaware bankruptcy judge gave Indiana coal producer White Stallion Energy LLC permission Thursday to spend the cash backing its debts over the objections of a former CEO, who claimed a term lender is controlling the Chapter 11 case for its own benefit.
After a remote hearing lasting more than seven hours, U.S. Bankruptcy Judge Laurie Selber Silverstein said White Stallion s current management and lender Riverstone Credit Management had reached their agreement for the coal company to use Riverstone s cash collateral in good faith, and that ex-CEO Steven Chancellor can raise his claims against Riverstone later. ....

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