United Fuel & Energy to Present at Growth and Value Investor Conference in Fort Lauderdale on February 27-28, 2008

MIDLAND, Texas, Feb. 22 /PRNewswire-FirstCall/ — United Fuel & Energy Corporation (BULLETIN BOARD: UFEN) , a leading distributor of gasoline, diesel, propane and lubricant products to customers in the southwestern and south central U.S. today announced that its Chief Executive Officer, Chuck McArthur, will present at the Growth and Value Investor Conference on February 27th and 28th, 2008, at the Westin Fort Lauderdale Hotel in Fort Lauderdale, Florida.

The United Fuel & Energy presentation is scheduled for both evenings and will be followed by a question and answer session. For additional information and one-on-one meeting requests, please contact James DePelisi at 954-746-3117 or via email at Ldvtrade@aol.com, or visit the conference website at http://www.ldvcapitalmanagement.com/.

About United Fuel & Energy Corporation

United Fuel & Energy, based in Midland, Texas, is engaged in the business of distributing gasoline, diesel, propane and lubricant products primarily in certain markets of Texas, California, New Mexico, Arizona and Oklahoma. United Fuel represents the consolidation of numerous companies, the most significant of which are the Eddins-Walcher Company and Cardlock Fuels System. United Fuel intends to continue to expand its business through strategic acquisitions and organic growth initiatives.

   United Fuel currently engages in the following activities:   —  Card-lock operation (unattended re-fueling of commercial vehicles).   —  Wholesale fuels and lubricants (to commercial customers).   —  Propane distribution (to commercial and residential users).    

United Fuel conducts its operations through over 25 branch locations and over 100 card-lock (unattended) fuel sites. For more information, please visit the Company’s website at http://www.ufeonline.com/ or to request future press releases via email, go to http://www.b2i.us/irpass.asp?BzID=1318&to=ea&Nav=1&S=0&L=1.

    Contact:    Chuck McArthur, President and CEO    cmcarthur@ufeonline.com    432-571-8000     Lisa Elliott / lelliott@drg-e.com    DRG&E / 713-529-6600  

United Fuel & Energy Corporation

CONTACT: Chuck McArthur, President and CEO of United Fuel & EnergyCorporation, +1-432-571-8000, cmcarthur@ufeonline.com; or Lisa Elliott ofDRG&E, +1-713-529-6600, lelliott@drg-e.com, for United Fuel & EnergyCorporation

Web site: http://www.ufeonline.com/