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Linn Energy, LLC (LINE) Message Board

  • rlp2451 rlp2451 Dec 7, 2012 8:19 AM Flag

    Another $1B Investment in the USA

    Where is the doom and gloom guy now?

    Ohio Valley Resources LLC (OVR) has selected Spencer County, IN, as the home for its new billion-dollar nitrogen fertilizer plant. The state-of-the-art facility will be located on approximately 150 acres in Spencer County north of Rockport.

    In September, OVR announced it was considering the Spencer County site along with a location near Owensboro, Kentucky. Doug Wilson, President/CEO of Ohio Valley Resources, explained that the Spencer County site was chosen based on multiple factors.

    Foremost among these is the access to two interstate natural gas pipelines afforded by the site. The location also offers convenient rail and highway access, as well as the potential for river access.

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    • While November's rise in employment was well ahead of expectations, it followed sharp downward revisions to the prior two months. October's nonfarm payrolls rose 138,000, versus the initially reported 171,000, and September was up 132,000, not 148,000.

      *The lower unemployment rate, meanwhile, largely reflects people leaving the work force.*

      Four more years. It is working but only for Progressive crony capitalist.

 
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