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 holdnothing in (Washington) D.C. has changed."
(Excerpt) Read more at twincities.com ...
Most of these people are not conservatives. They just want some predictability in how government rules are applied.
“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.
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