Alaska Natural Gas Pipeline Message Board

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Gold/Mining/Energy : Alaska Natural Gas Pipeline

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From: Snowshoe	3/19/2009 4:20:51 PM
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State lawmakers question gas line economics - PALIN PUSHES BACK: She says u.s. needs energy independence, and this is the way to achieve it. By ANNE SUTTON, The Associated Press Last Modified: March 18th, 2009 09:54 PM JUNEAU-- Alaska's decades-long efforts to build a natural gas pipeline to deliver gas to the Lower 48 looks better than ever. Or worse than ever. State lawmakers brought back mixed messages from an energy conference in Washington, D.C., where the merits of a proposed Alaska pipeline -- Gov. Sarah Palin's hallmark project -- were viewed against increased competition from both shale and liquefied natural gas. And before a shovel has even been put into the ground for the pipeline, some lawmakers are having second thoughts about giving Calgary-based TransCanada Corp. up to a half billion dollars to get the estimated $30 billion project moving. With the global recession and Alaska's state coffers dwindling with the low price of oil, state Rep. Jay Ramras, R-Fairbanks, has co-sponsored a resolution asking the Palin administration to revisit the generous financial terms for what some call an uncertain project at best. more: adn.com

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