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While standing next to each other during a press conference, Louisiana Governor John Bel Edwards and Lotte CEO Soon Hyo “Steve” Chung told a group of onlookers that the company would establish its headquarters in Lake Charles (relocating from Houston). Generally these sites are leased. There is no property tax on the land or buildings.
Since the onset of shale gas production, Pennsylvania businesses and homeowners have benefited from a 50 percent decline in natural gas prices and a corresponding 40 percent reduction in the cost of electricity. Wind energy is now the fifth-largest electricity source in the U.S., Wind power in the U.S. The expansion will?be
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