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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 451.79+1.8%Jan 22 4:00 PM EST

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To: Crabbe who wrote (4801)3/10/2006 5:21:00 PM
From: Snowshoe  Read Replies (1) of 219655
 
>>You mean to say that the 11 cent a thousand cubic feet of NG is over<<

Just checked my Enstar bill and I am paying 61 cents per 1000cf.

My Chugach Electric bill is also much higher this year. The folks on Muni Light & Power are getting a real sweet deal though. Several years ago MLP bought into decades worth of production from the Beluga gas field. At the time there was a lot of noise from Republican types who thought the city should not getting into energy ownership, but lucky for them it passed anyway.

The local gas fields are dying. The Agrium fertilizer plant at Nikiski is shutting down, but they hope to reopen in 5 years using coal gasification. Kenai has the only LNG export plant in North America, but due to our impending crisis they are thinking about reversing the flow and shipping foreign gas here for distribution to Anchorage!

>>The power potential is in the terawatt range and higher.<<

Great! We'll all switch to electric heat and suck up that juice. Be kind of a bummer though if an earthquake took the whole thing out on a cold January day.
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