Articles

Indiana lawmaker: Coal-gas plant no longer feasible

An Indiana lawmaker who opposes a 30-year contract with the developers of a proposed $2.8 billion coal-gasification plant told a House committee Wednesday that the surge in U.S. shale gas production has driven down natural gas prices, leaving synthetic gas projects unfeasible.

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Indiana Supreme Court asked to review Rockport gas deal

A Court of Appeals ruling upheld the 30-year contract between developers of the $2.6 billion synthetic gas plant and the Indiana Finance Authority. The agency would buy gas at a pre-negotiated rate and resell it to customers at a fixed rate.

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Indiana Senate panel delays Rockport plant hearing

Senate Utilities Committee chairman Sen. Jim Merritt said Thursday he's delayed until next week a hearing on the bill involving Indiana Gasification LLC's planned $2.8 billion plant in the Ohio River city of Rockport.

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