News From Terre Haute, Indiana

Indiana Legislature

January 24, 2013

Top Indiana senator seeks gas plant contract review

INDIANAPOLIS — A top Indiana senator is calling for a review of Indiana’s plans to subsidize a proposed coal-gasification plant.

Senate President Pro Tem David Long Long said today that either the Indiana Utility Regulatory Commission or state lawmakers need to reconsider the state’s contract with Indiana Gasification LLC in light of low natural gas prices.

He says “the world has changed” since lawmakers approved plans to have the state sell the proposed Rockport plant’s synthetic gas at either a loss or profit to Indiana ratepayers.

Republican Sen. Doug Eckerty of Yorktown has introduced legislation that would restructure a 30-year contract agreed to between the Indiana Finance Authority and Indiana Gasification.

Opponents of the agreement say it would cost ratepayers $1 billion. Supporters say gas prices are more volatile than they appear.

 

Text Only | Photo Reprints
Indiana Legislature
Latest News
Community Calendar
Loading…
Events by eviesays.com
TribStar.com Poll
AP Video
Hoffa Mystery Still Fascinates After 4 Decades Raw: NASCAR Driver Jason Leffler Dies in Wreck Ex-NFL Star Chad Johnson Out of Jail 3 Charged in Ohio With Enslaving Mom, Daughter Raw: Huge Fire Near Yosemite National Park Tiger on Sergio: 'It's Time to Move On' Raw: 1 Dead in Shooting at Mo. Apartment Complex Unusual Heat Wave Bakes Alaska Raw: Marines Land Osprey on Japanese Ship Failed Cuba-to-Florida Swimmer Won't Try Again Fans Cheer Dramatic Heat Comeback Raw: Volcano Erupts Near Mexico City Obama Welcomes WNBA Champions to White House Pa. Girl Who Took on Donor Rules Gets Lungs Raw: Australian Begins Cuba to Florida Swim Raw: Obama Arrives in Berlin Prosecutors Push for Smartphone "Kill Switch" Raw: Arizona Wildfire Scorches 8 Square Miles Google Launches Internet-beaming Balloons Obama Seeks G-8 Support on Syria
NDN Video
Rihanna Hits Fan With Microphone During UK Concert Obama Renews Call for Nuclear Reductions Miami Heat Wins in Overtime Raw: Arizona Wildfire Scorches 8 Square Miles Fists, chairs fly in restaurant brawl Journalist Michael Hastings Dies in Fiery Hollywood Crash Hairy Leg Stockings Aim to Deflect Male Attention Inside Kim Kardashian's Premature Labor Three Charged for Enslaving Mother and Daughter Raw: Huge Fire Near Yosemite National Park Spurs' Popovich has no problem with Spurs' intensity RAW: NSA Director Says 50 Plots Foiled Paige Butcher Scorches on Hawaii Beach Video: worst way to load cargo onto a plane Never-before-seen footage of '08 Times Square bomber Obama: NSA Secret Data Gathering 'Transparent' WATCH IT: Lil Wayne tramples American flag Mariah Carey Looks Beautiful in a Tiny Cut-Out Swimsuit Out of Control Boat Throws Passengers Overboard See Lindsay Lohan in Rehab
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity
Real Estate News