Energy Department Backs Ohio Energy Plant Project
The project has bipartisan support in Ohio, where it could lead to as many as 4,000 jobs in a struggling region. The host county, Pike, has Ohio's highest unemployment rate at nearly 14 percent.
Democratic Sen. Sherrod Brown, who met recently with Vice President Joe Biden about the project, praised an agreement he said in a statement adds accountability while ensuring "that the Piketon community is on a path toward continued job creation and economic growth."
Republican Sen. Rob Portman called it "a step in the right direction," while continuing to urge long-term federal commitment to the plant.
However, U.S. Rep. Edward Markey, D-Mass., renewed his call for an investigation of the Energy Department support for the project, saying in a statement that the $88 million "is a complete and total waste of taxpayer dollars." He and Rep. Michael Burgess, R-Texas, have written the General Accountability Office questioning the legal and policy basis for what they call a risky bailout of a questionable project.
___ Contact the reporter at www.twitter.com/dansewellSelect the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV