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Natural Gas Consumers Forced to Fund New Private Gas Plant

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Today, the Indiana Supreme Court issued a ruling that could force consumers of natural gas in Indiana to pay the long-term construction and operational costs of a private sector coal gasification plant in Southern Indiana. Back in 2010, the Indiana Utility Regulatory Commission, or the IURC, signed a contract with Leucadia National Corporation to allow the company to pass on the full costs, plus a profit margin, of construction, production, and distrib