Pennsylvania coal mines must shut down: Governor

Bloomberg

Coal miners including Consol Energy Inc and Contura Energy Inc must shutter their operations in Pennsylvania after the governor ordered “non-life-sustaining” businesses to close.
The order took effect from March 19, according to a statement from Gov. Tom Wolf.
Pennsylvania is the latest state to order commercial activities to shut down as governments move to slow the spread of the coronavirus. California has taken more extreme measures, telling all residents to stay home, and New York followed suit on March 20. Consol and Contura both operate coal mines in the state, and neither immediately replied to inquiries on March 20. Consol shares slumped as much as 17%, and Contura slid as much as 1.8%.
Pennsylvania issued a list of “life-sustaining businesses,” that included oil and natural gas extraction, but specifically excluded coal mining.
Lucas Pipes, an analyst with B Riley FBR, said in a research note on March 20 that the worst-case scenario would have operations down through the second quarter, though “a shutdown lasting a week to several weeks is much more likely.”