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38 MINS AGO - Zero Hedge

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Commodity Carnage Will Hurt These 10 States The Most

As we’ve seen in Louisiana and West Virginia, the commodities downturn has had a real impact on state budgets.  Back in April for example, we explained how a sharp decline in oil tax revenue helped push LSU to the brink of bankruptcy and in West Virginia, the impact of falling coal prices has put significant pressure on the state’s books.  The ...

Tags: Commodity Carnage Will Hurt These 10 States The Most,  Coal Latest News

58 MINS AGO - Zero Hedge

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Commodities Carnage Will Hurt These 10 States The Most

As we’ve seen in Louisiana and West Virginia, the commodities downturn has had a real impact on state budgets.  Back in April for example, we explained how a sharp decline in oil tax revenue helped push LSU to the brink of bankruptcy and in West Virginia, the impact of falling coal prices has put significant pressure on the state’s books.  The ...

Tags: Commodities Carnage Will Hurt These 10 States The Most,  Coal Latest News

4 HOURS AGO - St. Louis Post-Dispatch

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7 HOURS AGO - Reuters

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Norfolk South profit dented by lower coal and fuel surcharges

CHICAGO (Reuters) - U.S. railroad Norfolk Southern Corp on Monday reported a lower quarterly net profit as coal freight shipments and fuel surcharge revenue fell, and said coal would continue to weigh on results this year.

Tags: Norfolk South profit dented by lower coal and fuel surcharges,  Coal Latest News

9 HOURS AGO - Zacks Investment Research

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