Rockport Gasification Bill Passed By IN Senate
By: Michael C. Fehn
Updated: February 27, 2013
We are continuing to follow the proposed Rockport coal gasification plant. A bill involving the plant's contract is now on its way to the Indiana House.
The Indiana Senate passed the measure Tuesday night. It currently states that if a lawsuit moving throught the indiana court system is successful, a new contract would have to be drawn up.
The contract calls for Indiana gas companies to buy the gas from the plant at a set rate for 30 years.
Gas companies have railed against the deal, now that gas prices have fallen. They say it will cost their customers a billion dollars.
We'll keep watching this developing story and bring you new information as it becomes available.
The Indiana Senate passed the measure Tuesday night. It currently states that if a lawsuit moving throught the indiana court system is successful, a new contract would have to be drawn up.
The contract calls for Indiana gas companies to buy the gas from the plant at a set rate for 30 years.
Gas companies have railed against the deal, now that gas prices have fallen. They say it will cost their customers a billion dollars.
We'll keep watching this developing story and bring you new information as it becomes available.
