Here is the latest on this effort. This is excerpts from an address by Alaska Governor Sarah Palin.:usa November-December 2008 For the last two years, my administration has been guided by a policy of living within our means, saving for the future and controlling government spending. Over the past year, we have seen unprecedented volatility in oil prices. It’s more important than ever that state budgets stay on this course of fiscal discipline. With that in mind, the general fund budget we released for Fiscal Year 2010 will spend less than the current one, especially when adjusted for inflation. At the same time, the spending plan ensures that the state provides for the safety, health and education of our citizens, pursues responsible resource development and maintains a stable economy. The operating and capital budgets total $4.9 billion in general funds and $11.2 billion in total funds. The proposed Fiscal Year 2010 general fund and total spending represents a 7 percent decrease from FY 2009, excluding the one-time resource rebate of $746.4 million and appropriations to savings. Working with the legislature, we have made good decisions over the past two years by putting money into savings accounts and investing in infrastructure that will help us develop our resources and communities. I am committed to working closely with the legislature on the budget and other priority issues and I look forward to a productive legislative session. Governor Palin and many of her Commissioners held a press conference in Juneau on Dec 15, 2008 to unveil the proposed Fiscal Year 2010 Budget. . After a two-year process of developing the Alaska Gasline Inducement Act and seeing it become law, the signing of the AGIA license on Dec. 5 was one more step forward in bringing Alaska’s gas to market, and it was indeed a historic day. I joined Natural Resources Commissioner Tom Irwin and Revenue Commissioner Patrick Galvin in Fairbanks to present the AGIA license to TransCanada. TransCanada proposes a 4.5 billion cubic feet per day, 48-inch diameter, mostly buried pipeline extending 1,715 miles from a natural gas treatment plant at Prudhoe Bay on the North Slope to the Alberta Hub in Canada. The Alaska section will be about 750 miles long, with six compressor stations at startup and five natural gas delivery points in Alaska. My administration will continue to work with all of the project stakeholders until the dream of a natural gas pipeline becomes a reality.
DRILL HERE-DRILL NOW! Ive been following this a little bit on 302's website. Every once in a while they will have something about it. The worst part about the whole thing is that the gas is going into Canada. If Trans-Canada splits it off and sends it to the lower 48, and leaves some of it up in Alaska for you guys, great!. But I'm kinda skeptical if that will happen. I quess if it goes to Canada, thats better than heading to China! Jason P.S. I love Sarah Palin!!
Alaska Natural Gas Hello JTL, Ever since 1977, when the oil pipeline was completed, people have been, asking me , when is the Gas Pipeline going ? Now it is left for another generation of workers to build it . There have been so many announcements of intentions to start , so many disappointments. Yes, the story about the Alaska Gas being used in Canada, and Canada Gas being exported instead, to the USA. I'd think that FERC (Federal Energy Regulatory Commision)would have a great say in that not happening . Lot of other stories about the other pipeline owners and networks, proposals, to deliver to the Lower 48 markets. Anyway, Gov Palin at least has moved the project along more than any other politician. The difference here being, that the gas producers don't own the pipeline, a PipeLine company does. This scheme allows independents to ship gas later as it is discovered. Kinda like the highways owned by gov't, not the car company's. Everyone gets to use the road. No monpolies !