Economics

Obscure Coal CEO Rains Money on Trump While Outflanking Rivals

  • CEO Joseph Craft thought small as competitors made big buys
  • Alliance Resource Partners has made money 17 years in a row
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Coal mogul Joseph Craft was at a Department of Energy conference last month where everyone was reveling in President Donald Trump’s call to achieve “global energy dominance."

A big-oil chief wanted more exports of America’s oil and natural gas riches. A union leader called for more investments in energy infrastructure. And Craft? More coal, of course.