Exciting and Fantastic
After all these years of the State of Alaska's dickering and dithering, which it is still doing, BP and Conoco have just announced they are building the natural gas pipeline on their own, without any State participation!
They are creating a new company headquartered in Anchorage to manage the project. The project will be called Denali--The Alaska Gas Pipeline. They estimate the cost of the gas line to be between $20 billion and $40 billion.
Yes, to oil company profits. Those profits will bring jobs to Alaska and natural gas to the Lower 48. Alaska's natural gas plus the other natural gas pipelines that are being built in the Lower 48 will increase the supply of natural gas and decrease its price.
12:57:10 PM 
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