MTPR

Matthew Preston

A Coal Mine in the Powder River basin.
U.S. Geological Survey

We're getting perspective now on last week's news that the U.S. Interior Department said it had approved a major coal mine expansion in Montana. It caused the stock of the mining company involved to temporarily spike.

Six days later, Interior rescinded its statement, saying no expansion was approved, and the original approval statement was the result of “internal miscommunication.”