Marshall Co Gas-Powered Electric Plant Gets WV Green Light
A somewhat complicated plan to build a 549 megawatt electrical generating plant near Moundsville, WV (for $615 million) that will be powered by Marcellus Shale gas has been making steady progress since last year (see Plan Advances to Build $615M Gas-Powered Electric Plant in WV). Marshall County voted to approve the plan, which includes a condition that the county accept the deed to the plant once its built in an arrangement to reduce potential property taxes on the facility (see Marshall County Votes to Accept Gas-Powered Electric Plant). Good news: the West Virginia Public Service Commission has issued a final order approving the siting certificate. The next step along the road is for the plant to get its financing (investors) lined up and then begin construction…
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The only question that remains (for us) about Ohio Gov. John Kasich is this: When does he plan to change the (R) after his name to a (D)? He is, in almost all respects, a liberal Democrat at this point. What other conclusion can you draw after he made this statement last week when referring to oil and gas drillers and the incredibly high severance tax he’s proposing: “Every time you take valuable things out of the ground you make us poorer.” This is a typical Democrat class warfare argument he’s using to justify his high tax proposal (see
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