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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Bearcatbob5/14/2012 8:21:04 PM
3 Recommendations   of 206084
 
Got coal?

"Last year, Illinois lawmakers approved two subsidized coal-to-gas projects. Given the trends in natural-gas production, the Leucadia and Power Holdings projects look more like white elephants than ever. Making a synthetic version of a product found in growing abundance makes no economic sense. Neither plant has broken ground. Even with state assistance, they may never be built. Tenaska's 11th-hour decision to abandon clean coal for its project raises more doubts about these others."

chicagotribune.com
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