Sunday, November 23, 2008

ConocoPhillips Delay

Given the state of the economy and the drop in fuel prices, its not surprising that ConocoPhillips has pushed out the opening of its Louisville campus and scaled back some of its alternative energy investment plans. Lets hope this is only a temporary delay and not a permanent change in strategy. Even a short-term delay will have negative effects on the local economy and hurt the chances of some of the proposed nearby hotel and office developments.

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