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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Dec 16, 2007
Page
1
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Odessa heart surgeon Dr. Suresh Gadasalli donated 5000 to the Empty Stocking Fund, saying at least 200 physicians in the Permian Basin should donate 500 each to reach a local goal. The extension runs to Wednesday, with page 2A and 1B for details. The fund supports Salvation Army efforts in Odessa.
Odessa area officials and supporters gather at the UT Permian Basin CEED Building as the FutureGen Alliance weighs four finalist sites including Penwell for a near zero emissions coal plant. The public announcement, expected from Washington, could bring sizable private and public funding but may disappoint if Penwell is not chosen.
The Odessa Penwell site wins approval for the 18 billion FutureGen coal plant with tax relief totaling 35.9 million over a decade. Local governments pledge road work worth 1.7 million and a 150 thousand support package while Odessa approves a water pipeline and a 10 year tax abatement. Union Pacific to extend a coal line and a Texas DOT underpass are planned as part of the site development. Three wells will be drilled on University Lands east of Fort Stockton to study CO2 injection capacity with construction eyed to begin in 2010.
Local oil and gas officials welcome the nearly two billion near zero emission coal plant. Odessa Penwell and Jewett Illinois sites compete for FutureGen with an announcement at the University of Texas of the Permian Basin. Officials say carbon capture could aid oil wells, expanding production and diversifying the economy.
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