Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (13964)	3/29/2012 12:46:07 AM
From: Sdgla	1 Recommendation Read Replies (1) \| Respond to of 85487

A perfect fit to your liberal theology would be for all the other states that are bankrupt to claim a % of your oil profits in order to bail them out and then fund their education programs. After all.... is not the very oil revenue you live off of an entitlement for the rest of the states in our union ?

To: koan who wrote (13964)	3/29/2012 1:00:12 AM
From: TopCat	4 Recommendations Read Replies (2) \| Respond to of 85487

"The gas pipeline is no closer now than it has ever been. But we don't really need it. We have 10's of billions of barrels of heavy oil we are starting to produce now at these high prices." Why do you continue to lie to me? You know I will look things up. The gas pipeline is on schedule. Gov. Jay Hammond (a republican) was primarily responsible for the permanent fund. The original concept of the permanent fund was championed by Gov. Kieth Miller in 1969.....Miller was also a republican.

To: koan who wrote (13964)	3/30/2012 3:35:47 PM
From: Brian Sullivan	2 Recommendations Respond to of 85487

*Koan: The gas pipeline is no closer now than it has ever been.* This is why we don't believe anything that you say Koan: Alaska Settlement Clears Way for New Gas Pipeline By TOM FOWLER, ANGEL GONZALEZ and RYAN DEZEMBER Exxon Mobil Corp., XOM +0.60% BP BP +1.51%PLC, ConocoPhillips COP +0.33% and the governor of Alaska have agreed to settle a long-running dispute on developing a key North Slope natural-gas field, clearing the way for a future gas pipeline and gas-export terminal. Under terms of the agreement with Alaska, the companies agreed to start producing natural gas at their Point Thomson development, located east of the massive Prudhoe Bay field in Alaska, by May 2016 at the latest. They agreed to an initial output of 10,000 barrels of natural gas condensate and 200 million cubic feet of natural gas a day. The companies said they will try to find buyers for the North Slope gas by 2016. Since natural gas can't be transported through the existing Trans-Alaska oil pipeline, getting that gas to market would involve building a new pipeline. The companies are expected to commit to building a pipeline that will connect with a natural-gas-liquefaction terminal on Alaska's southern coast. From there, it would be turned into liquefied natural gas for export in tanker ships. Discussions about building a natural-gas pipeline from the North Slope started soon after the Trans-Alaska Pipeline System started moving oil to the Port of Valdez in 1977. Since then, most natural gas produced along with oil on the North Slope has been reinjected into the ground to help push out more oil. Low natural-gas prices in the U.S. because of the shale-gas drilling boom had undermined the most recent interest in the project, but the increasing demand for natural gas in overseas markets made the LNG terminal idea more attractive. If the companies aren't able to find buyers for the Point Thomson gas by 2016, they will expand the amount of natural gas condensate—a form of natural gas that is similar to gasoline—shipped to the existing Trans-Alaska pipeline by 20,000 to 30,000 barrels a day. Point Thomson gas could also be delivered to oil operations in Prudhoe Bay for injection into the large oilfield there, the document said. The agreement said that a "major gas sale off the North Slope of Alaska is a primary goal of the parties."