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ND fuel plant plans may hinge on political change
AP ^ | 1-9-12 | JAMES MacPHERSON

Posted on 01/11/2012 1:06:49 PM PST by WOBBLY BOB

BISMARCK, N.D.—North Dakota granted a fourth extension of state aid for study of a plan to build a coal-to-liquid fuel factory, while the project's developers wait to see if the political climate in Washington changes after the presidential election. Dallas-based North American Coal Corp. and Headwaters Inc. of South Jordan, Utah, formed American Lignite Energy LLC in 2007 to oversee construction and operation of the $4 billion plant at a yet-to-be chosen site in western North Dakota. David Straley, a North American Coal Corp. spokesman said a decision on whether to start construction depends on a change of political climate and favorable coal legislation. The extension granted by the North Dakota Industrial Commission runs through 2012. "We have another year to reevaluate," Straley said Monday. "We're still on hold—nothing in (Washington) D.C. has changed."

(Excerpt) Read more at twincities.com ...


TOPICS: Business/Economy; Government; Politics/Elections; US: North Dakota
KEYWORDS: 2012; change; coal; energy; epa; fuel; obamanomics; oil
our every waking moment depends on political climate- and is further proof the federal gubmint is WAY too involved in our daily lives.
1 posted on 01/11/2012 1:06:58 PM PST by WOBBLY BOB
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To: WOBBLY BOB
Quite a few of my vendors tell me they have plans to hire and expand. But only if ObaMao and a significant portion of his rubberstamp congress critters are given pink slips by voters in November.

Most of these people are not conservatives. They just want some predictability in how government rules are applied.

2 posted on 01/11/2012 1:54:16 PM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Vigilanteman

“rational man theory”- most politicians seem to not believe it exists or works.

they seem to think producers will keep working harder for no good reason.


3 posted on 01/11/2012 2:16:39 PM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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