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Gold/Mining/Energy : Esprit Exploration Ltd.

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From: no1coalking7/22/2008 12:55:12 PM
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Ohio Port: 29-Apr-08 09:44 am Recs: 2 Coal King was right: They signed a 48 YEAR port dock lease on the Ohio River
Never doubt Coal King, that guy really did speak the truth when he suggested earlier today that Evergreen/Buckeye had an Ohio River port. (I know he posts a lot of stuff, but ignore the old man at your own risk!)

Still don't believe it? Check out the SOLID EVIDENCE for yourself: In the latest 10K, there are two specific references to a dock lease on the Ohio river:

msnmoney.brand.edgar-online.com.

"Furthermore, included in operating leases is a dock lease on the Ohio River..... .included in operating leases is a 48-year port dock lease on the Ohio River...."

..................................

I did a little more investigation, and it turns out that last month the Columbiana County Port Authority voted to amend and restate the lease agreement, just as described above. The new facility off Clarke Avenue will encompass approximately 20 acres.

Now ask yourself why Evergreen would sign a 48 year lease for a port dock on the Ohio River. I don't think they leased the dock to go fishing.

P.S. Whatever you do, DON'T tell Mr. Arnold about this latest discovery - it would really upset him, and hurt his pride. Besides, he almost had a heart attack earlier today when the stock jumped, and his weakened heart just turned 40 the other day. (Happy belated birthday, Mr. Arnold.)
----------------------------------------------------------------------Ohio Port: 2 minutes ago House Republican leader urges support for CTL bill

House Republican Leader John Boehner (R-Ohio) recently urged House members to support a petition being circulated by Rep. Peter Roskam (R-Ill.) that would force a House vote on bipartisan legislation designed to accelerate the domestic production of coal-to-liquid (CTL) transportation fuels.

Roskam’s petition is seeking a floor vote on the “Coal-to-Liquid Fuel Act” (H.R. 2208), introduced by House Energy and Air Quality Subcommittee Chairman Rick Boucher (D-Va.) and Rep. John Shimkus (R-Ill.). The bill authorizes the secretary of energy to set ceiling and floor prices to protect domestic CTL developers from price manipulation by foreign energy cartels.

In a July 9 statement, Boehner said Roskam’s petition gives House members “the opportunity to support a common sense, bipartisan plan to promote clean alternative fuels technology that will help bring down the price of gasoline on behalf of American families and small businesses.” Boehner said a vote on H.R. 2208 would “send a clear signal that Congress is committed to utilizing clean American energy in an environmentally-safe way while reducing our nation’s costly dependence on unstable foreign sources of energy.”

Should Roskam’s petition garner the support of 218 House members, the House would be required to vote on the bill.

A copy of Boehner’s statement is available here.

Boehner: House Should Vote on Bipartisan Bill to Promote Clean Coal-to-Liquid Technology, Reduce the Price at the Pump
Rep. Peter Roskam (R-IL) Files Discharge Petition to Force Vote on Bipartisan Measure to Promote Innovative Technology to Lower Gas Prices for American Consumers

Washington, Jul 9 - House Republican Leader John Boehner (R-OH) today highlighted a discharge petition filed by Rep. Peter Roskam (R-IL) to force House Speaker Nancy Pelosi (D-CA) and Majority Leader Steny Hoyer (D-MD) to schedule a vote on H.R. 2208, the Coal-to-Liquid Fuel Act. The bipartisan bill, authored by Reps. John Shimkus (R-IL) and Rick Boucher (D-VA), would help reduce the price of gasoline by encouraging the use of clean coal-to-liquid technology to produce alternative transportation fuels. Boehner issued the following statement:

“Rep. Roskam’s petition gives Members of both parties the opportunity to support a common sense, bipartisan plan to promote clean alternative fuels technology that will help bring down the price of gasoline on behalf of American families and small businesses. Forcing a vote on the Shimkus-Boucher clean coal-to-liquid bill will send a clear signal that Congress is committed to utilizing clean American energy in an environmentally-safe way while reducing our nation’s costly dependence on unstable foreign sources of energy.

“This measure is a key part of the House Republicans’ ‘all of the above’ energy strategy. Our plan calls for more of everything: more production of American energy, more conservation and efficiency, and more alternative fuels and innovative technologies like coal-to-liquids. With a House floor schedule this week that does not include a single bill to help bring down the price at the pump, there is no reason the Democratic leadership should not schedule this bipartisan bill and other pro-American energy legislation for an immediate vote. I thank Reps. Roskam and Shimkus for their efforts to lower gas prices on behalf of American consumers, and I urge all of my colleagues to sign the Roskam coal-to-liquids petition.”

NOTE: H.R. 2208 would authorize the Secretary of Energy to enter into loan agreements with coal-to-liquid projects that produce innovative transportation fuel, increasing production of clean American energy and helping to reduce the price of gasoline. For more information on the House GOP’s comprehensive plan for lower gas prices, please visit the House GOP’s “Real Energy Solutions” website at gopleader.gov.
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