West Virginia should consider whether it wants to remain among those 41 loser states.
EDISON Mission Energy of Santa Ana, Calif., filed a reorganization plan in bankruptcy court this week to settle $3.7 billion in debt with creditors and its parent company, Edison International.
Edison Mission owns, operates or leases more than 40 power plants across the nation, including a 50 percent share of a waste coal plant in Grant Town and 100 percent of the Pinnacle wind farm in Keyser.
The problem is low natural gas prices.
According to the Los Angeles Times, the alternative energy and coal industries are having a tough time competing with the natural gas industry, whose supplies are suddenly so large that prices have dropped from nearly $11 per thousand cubic feet in the spring of 2008 to around $2 today.
While consumers are enjoying low prices now, an increase in demand and eventual restrictions on fracking could drive that price back up to $11.
Investors are told not to put all their eggs in one basket. So it goes with national energy policies.
ONE of the most respected justices in the state, Thomas McHugh, will hang it up this year - 15 years after he retired in 1997.
McHugh, first elected in 1980 was re-elected in 1992. He retired in 1997. But when Justice Joe Albright fell ill with esophageal cancer in 2008, McHugh came out of retirement to finish the term.
Justice Margaret Workman, who served with him in both his stints on the Supreme Court, was among those who spoke at a ceremony honoring him last month.
"I guess we will continue to function, but I can tell you this: We will not function at the level we functioned with him here," she said.
McHugh set a high standard. When he came out of retirement, he refused to double-dip and stopped collecting his pension - unlike some other judges in the state who used a loophole to collect both the pension and the judicial salary.The bar he set should be the one all abide by.