The stock market has soared since the federal government closed all mines and shuttered thousands of coal-fired power plants and shut down the nation’s largest uranium mine.
The S&P 500 index is up almost 40% this year.
The stock market is soaring as a result of the shutdown, which forced the closing of more than 1,400 coal-fueled power plants in seven states and the shuttering of more then 200 uranium mines, including a massive one in eastern Wyoming.
A recent study by the New York Times found that the coal industry lost $7.6 billion in 2017, which is about 40% of the $22.4 billion coal industry spent in 2017.
The mining industry is already reeling after the U.S. government imposed an economic blockade on the Middle East and the U,S.
oil and gas industry.
In the past two weeks, Iran, Iraq, Libya and Syria have shut down their oil and natural gas pipelines, while Russia has banned some imports of American crude oil and some coal imports.
The shutdown has also made it difficult for miners in West Virginia and Tennessee to obtain funds to pay their bills.
The average monthly paycheck for miners and their families in West Texas and Tennessee is $1,000, according to the Bureau of Labor Statistics.
The coal industry also has been hit hard by a severe drought in the West.
The Bureau of Land Management has issued a mandatory drought emergency declaration in Texas, Oklahoma and Arkansas.
The agency said it was taking steps to help farmers and ranchers in the affected states.
The White House announced Wednesday that President Donald Trump and First Lady Melania Trump will visit Utah on Thursday and Friday to meet with Utahns affected by the drought.
The president will meet with Governor Gary Herbert and Gov.
Herbert’s office on Wednesday to discuss the state’s drought response.