Word: coal
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Except for the omnipresent coal trucks and perhaps a glimpse of scarred mountaintop through the trees, it would be tough for an outsider driving the narrow twisting roads of Martin County. Kentucky, to guess that the area is the second largest coal producing county in the country. The mines are not immediately visible from the road, but the coal companies have utilized a majority of the county's land to provide about 5000 jobs and haul out well over 9 million tons of coal each year...
...fact, Jenkins was born in Wales, the son of an ambitious coal miner who was later a Labor M.P. But to counter the carpetbagging label, Jenkins sounded a decidedly Scottish note in his campaign speeches as time went on. He pledged that he would spend "the rest of my political life" representing Hillhead, and that he would not dash away to a safer English constituency at the first chance to move south. He supported the granting of greater autonomy for Scotland, including the formation of a regional assembly with authority to tax and with substantial legislative power. Jenkins pledged...
...banks, brokerage houses and virtually all other kinds of financial institutions to sign up for tax-sheltered Individual Retirement Accounts. The Fidelity Group of mutual funds in Boston has produced a slick color film about its IRAs that is now playing at workplaces that range from factory floors to coal mines. In Birmingham, Ala., the Robinson-Humphrey Co. brokerage firm rented a hotel ballroom to tell people of the virtues of IRAs. Western Federal Savings & Loan Association in Los Angeles calls its retirement plans "fat-cat accounts" and promotes them with posters, balloons and badges that depict a smirking feline...
...case for a federal energy tax is many-sided and obvious. As demand for petroleum has softened, drilling activity has begun to slow. At the same time, the drooping price of crude has reduced the lure of costly alternative energy projects like coal gasification and shale-oil mining...
Ironically, Fluor is starting to come back into favor among some analysts and although its lead, coal, zinc and gold properties are still depressed, owing to worldwide prices plummeting in all of those markets, it is probably the lowest cost producer in most of those fields, giving it a solid chance to rebound from its current low position. But, no, Harvard held on to it all during its slide, and waited until it just about hit its 52-weeks-low to unload, thus cheating the endowment of a solid profit, and ignoring a chance to make a needed statement about...