Wyoming lawmakers back coal-to-liquid project. Delegation seeks approval for $350M in tax credits to Houston company

The three Wyoming members of Congress joined forces to request that the Treasury Department approve an application giving a company $350 million in investment tax credits to build the planned Medicine Bow Fuel and Power coal-to-liquids facility.

Republican Sens. Craig Thomas and Mike Enzi and Rep. Barbara Cubin sent a letter to Treasury Secretary Henry Paulson urging him to approve the tax credits for Houston-based DKRW Energy LLC, the company building the estimated $1.3 billion project.

"Wyoming has abundant natural resources that can further increase the independence of sourcing petroleum products in the United States, and this program is important to developing those resources for the benefit of both the state and the country as a whole," the trio wrote.

By NOELLE STRAUB
Gazette Washington Bureau

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