Gail Riecken
Real Estate Broker, Person
Who is Gail Riecken?
Gail Riecken is a Democratic member of the Indiana House of Representatives, representing the 77th District since 2009.
Riecken supported the state mandated purchase of syngas through coal gasification technology. Developers of Leucadia National proposed a $2.6 billion syngas plant in Rockport, Indiana. Under the terms of the deal endorsed by Riecken, the state of Indiana would have bought syngas under a 30-year contract and then mandate that utilities within the state pass on any losses from the transaction on to Hoosier customers. Gas from the plant would make up about 17 percent of the state's supply. The deal received criticism due to government intrusion in the energy markets, and for forcing consumers to sign up for risky long-term gas purchases at prices substantially higher than market prices. Questions were also raised due to Leucadia National hiring Mark Lubbers to promote the deal. Lubbers is a former aide and close friend of former Governor Mitch Daniels. The project was ultimately panned by the state legislature in 2013.
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- Religion
- Presbyterianism
- Profession
- Education
- Indiana University Bloomington
- Lived in
- Evansville
Submitted
on July 23, 2013
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"Gail Riecken." Biographies.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.biographies.net/people/en/gail_riecken>.
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