Wyoming Governor's Office releases statement following Arch Coal bankruptcy announcement

(Cheyenne, Wyo.) - Amid today's announcement of Arch Coal filing for bankruptcy , Gov. Matt Mead's office released the following statement: "Governor Mead is focused on protecting Wyoming’s interests. Most important are the jobs involved. With bankruptcy reorganization proceedings, the mines in Wyoming will remain open which means employees of Arch will still be working. DEQ will be attuned to the state’s reclamation interests. The plight of the coal industry has been hard to watch. Unrelenting pressure from federal regulations and policies coming out of D.C. are pushing companies to a financial brink. Today’s news further shows how the Administration’s efforts to move the country away from a reliable, abundant and affordable energy source are harming the economy." In addition, local expert says employees are least likely to be at-risk , and explains to Pitchengine Communities how he believes the company reached the stage of bankruptcy . *Feature photo: Office of the Governor/Pitchengine Communities* #shortgo #news