As coroner, I must aver, I've thoroughly examined her. And she's not only merely dead. She's really most sincerely dead!!!
Grain Belt Express will no longer be getting a $4.9B taxpayer funded loan for its unmarketable project.
After a thorough review of the project’s financials, DOE found that the conditions necessary to issue the guarantee are unlikely to be met and it is not critical for the federal government to have a role in supporting this project. To ensure more responsible stewardship of taxpayer resources, DOE has terminated its conditional commitment.
Of course this doesn't necessarily mean that Grain Belt Express is done, but now it will have to find commercial financing for its project and not rely on a taxpayer handout. There's a reason GBE was trying to get the government to finance it... maybe due to its lack of customers?
Congratulations, citizens of Kansas, Missouri and Illinois! After 15 years of entrenched opposition, victory is yours! Never give up!