Not Logged In Log In   Sign Up   Points Leaders
Follow Us    3:50 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Alaska governor announces plan to finance small LNG project on North Slope Back to Topics
skb69sa

Champion Author
San Antonio

Posts:6,769
Points:1,546,300
Joined:Mar 2011
Message Posted: Dec 11, 2012 12:01:28 AM

Alaska will finance $355 million of a liquefied natural gas project on the North Slope to support an LNG trucking operation as well as LNG regasification facilities near Fairbanks, in Interior Alaska, as well as an expanded gas distribution system in the city, Governor Sean Parnell said late Friday.

The proposal needs approval by the state Legislature in its 2013 session. An Interior Alaska electric cooperative, Golden Valley Electric Association, has been working on a plan for an LNG plant that would convert 9 Bcf/year to LNG, which would replace oil that Golden Valley now uses to generate electricity at generation plant near North Pole, east of Fairbanks.

Golden Valley would also make gas available to Flint Hills Resources for its refinery, also at North Pole and which also uses oil fo
Visit Platts for full article
REPLIES (newest first) Post a Reply
Profile Pic
LetemEatCake
Champion Author Oklahoma City

Posts:5,705
Points:1,360,915
Joined:Mar 2008
Message Posted: Dec 12, 2012 11:11:00 PM


Mitt4Prez...how do you figure this is boondoggle? You live in Alaska, right?
Profile Pic
nsdp
Champion Author San Antonio

Posts:1,119
Points:77,430
Joined:Jun 2012
Message Posted: Dec 11, 2012 12:19:44 PM

Beats $65 billion for a pipeline to bring the NG to the lower 48.
Profile Pic
mitt4prez
Champion Author Tacoma

Posts:5,268
Points:2,082,965
Joined:Nov 2007
Message Posted: Dec 11, 2012 10:59:49 AM

Another boondoggle by a supposed "Conservative."
Profile Pic
investmentdr
Champion Author Cleveland

Posts:6,872
Points:2,330,950
Joined:Sep 2008
Message Posted: Dec 11, 2012 10:59:15 AM

good idea, for 3 months out of the year
Profile Pic
Buck_on_Bass
Champion Author Tennessee

Posts:11,599
Points:2,145,345
Joined:Jul 2007
Message Posted: Dec 11, 2012 8:05:12 AM

Given the high cost of heating oil and the relatively low cost of NG, this looks like a good investment.
Profile Pic
sljbc475
Champion Author Tucson

Posts:7,711
Points:1,746,775
Joined:Dec 2010
Message Posted: Dec 11, 2012 7:51:47 AM

Good news for Alaska and truckers.
Profile Pic
doeslayersr
Champion Author Illinois

Posts:13,424
Points:1,796,880
Joined:Dec 2010
Message Posted: Dec 11, 2012 7:50:01 AM

Ok.
Profile Pic
58salty
Champion Author Jacksonville

Posts:75,420
Points:960,140
Joined:Aug 2011
Message Posted: Dec 11, 2012 7:24:32 AM

OK
Profile Pic
skippypa
Champion Author Hawaii

Posts:12,010
Points:2,665,655
Joined:Jun 2008
Message Posted: Dec 11, 2012 5:24:50 AM

How much is the governor making on this deal??????
Profile Pic
pilotmass
Champion Author Boston

Posts:5,618
Points:1,425,090
Joined:Jul 2011
Message Posted: Dec 11, 2012 5:23:38 AM

Did Alaskan Politicians get paid off?
Profile Pic
DutchTreatMI
Champion Author Grand Rapids

Posts:6,397
Points:1,629,280
Joined:Mar 2011
Message Posted: Dec 11, 2012 5:13:54 AM

Not so sure government should be bank rolling this project; but someone needs to do it.
Profile Pic
tomok
Champion Author Portland

Posts:47,185
Points:3,253,835
Joined:Aug 2006
Message Posted: Dec 11, 2012 5:08:39 AM

Alaska governor announces plan to finance small LNG project on North Slope. Should state or federal government be doing this, leave this kind of development to private enterprise instead? The Alaskan oil and gas fields are just beginning to die out, suck out as much of it out of the ground before it's to late.
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
Profile Pic
mrjames1818
Champion Author New Jersey

Posts:5,073
Points:2,864,320
Joined:Mar 2004
Message Posted: Dec 11, 2012 4:59:24 AM

Sounds like a step in the right direction
Profile Pic
SOLONGCOLD
Champion Author Phoenix

Posts:1,597
Points:360,865
Joined:Nov 2010
Message Posted: Dec 11, 2012 4:51:28 AM

there's a ton of oil in the wilderness of Alaska - start drilling!!
Profile Pic
JadeK
Veteran Author Michigan

Posts:270
Points:315,295
Joined:Jul 2011
Message Posted: Dec 11, 2012 4:50:54 AM

Interesting, hope it works out for them.
Profile Pic
NotTom
Champion Author New Hampshire

Posts:7,686
Points:2,060,435
Joined:Aug 2005
Message Posted: Dec 11, 2012 4:45:07 AM

ok
Profile Pic
DavidsChallenge
All-Star Author Louisville

Posts:635
Points:125,805
Joined:Aug 2012
Message Posted: Dec 11, 2012 4:44:12 AM

Keep government out of business period.
Profile Pic
mar2100
Veteran Author Cleveland

Posts:348
Points:16,925
Joined:Sep 2012
Message Posted: Dec 11, 2012 3:56:55 AM

Hmmmmmmmmmmm
Profile Pic
SkooterG
Champion Author Phoenix

Posts:4,148
Points:1,204,950
Joined:May 2012
Message Posted: Dec 11, 2012 2:59:49 AM

So what is the potential downside?
Profile Pic
WhiskersTheCat
Champion Author Austin

Posts:1,392
Points:2,082,210
Joined:Oct 2008
Message Posted: Dec 11, 2012 2:54:04 AM

"temperatures have been 30 degrees to 40 degrees below zero Fahrenheit in Fairbanks."

That sounds like global warming to me. hehe.
Profile Pic
pepinoNC
Champion Author Raleigh

Posts:5,682
Points:1,497,650
Joined:May 2011
Message Posted: Dec 11, 2012 2:52:03 AM

I can see russia from my house.
Profile Pic
tndirtydawg
Champion Author Memphis

Posts:4,461
Points:1,456,645
Joined:Jun 2006
Message Posted: Dec 11, 2012 2:49:57 AM

A move in the right direction.
Profile Pic
Topless2012
Champion Author Twin Cities

Posts:5,465
Points:1,187,340
Joined:Jan 2012
Message Posted: Dec 11, 2012 2:47:59 AM

Someone needs to be helping the economy.. This is a start.
Profile Pic
DrCashFlow
Champion Author Massachusetts

Posts:10,428
Points:2,468,565
Joined:Jun 2008
Message Posted: Dec 11, 2012 2:43:05 AM

north pole east of fairbanks?
Profile Pic
Happytalk
Champion Author Pennsylvania

Posts:5,632
Points:1,499,850
Joined:May 2010
Message Posted: Dec 11, 2012 2:43:05 AM

good for Alaska
Profile Pic
Ready Eddie
Champion Author Twin Cities

Posts:8,763
Points:2,049,345
Joined:Feb 2003
Message Posted: Dec 11, 2012 2:40:15 AM

Good for the economy.
Profile Pic
OldMan322
Champion Author Illinois

Posts:11,295
Points:2,476,445
Joined:Jul 2008
Message Posted: Dec 11, 2012 2:38:53 AM

"Luckylindy" In Alaska they get a free one way ticket to the North pole
Profile Pic
MrLefty0706
Champion Author Chicago

Posts:4,951
Points:1,273,310
Joined:Apr 2012
Message Posted: Dec 11, 2012 2:35:51 AM

Is there enough gas there to justify the expense?
Profile Pic
kd5kpd
Champion Author Texas

Posts:6,860
Points:2,243,685
Joined:Apr 2006
Message Posted: Dec 11, 2012 2:33:04 AM

Sure wished I had that kind of money to throw around or just the interest from a year off of it.
Profile Pic
RENEGADEGAS
Champion Author Missouri

Posts:18,490
Points:2,453,610
Joined:Jul 2008
Message Posted: Dec 11, 2012 2:28:00 AM

Whats that coming over the hill??? Oh look its a wild pack of greenie weenies and thier friends the EPA! Looks like another industry that provides jobs and economic growth will be shut down soon.
Profile Pic
silverfoxv65
Champion Author Michigan

Posts:8,059
Points:2,107,280
Joined:Sep 2009
Message Posted: Dec 11, 2012 2:22:38 AM

Boy thats a lot of money, they just throw it around like its nothing anymore!!!
Profile Pic
Bubba44612
Champion Author Ohio

Posts:10,798
Points:2,780,765
Joined:Aug 2005
Message Posted: Dec 11, 2012 2:19:46 AM

Smart move if the gas is plentiful.
Profile Pic
pricewar
Champion Author Ogden

Posts:5,546
Points:1,197,105
Joined:Jul 2012
Message Posted: Dec 11, 2012 2:15:57 AM

I hope they use good judgement
Profile Pic
JSX515
Champion Author St. Louis

Posts:6,669
Points:1,652,420
Joined:Feb 2011
Message Posted: Dec 11, 2012 2:15:23 AM

we need civil war
Profile Pic
SHEP20715
Champion Author Maryland

Posts:12,117
Points:2,592,315
Joined:Nov 2007
Message Posted: Dec 11, 2012 2:12:21 AM

Government, both state and federal, have to be involved in these type of projects. Private industry is reluctant to invest in long term research & developement, because share holders demand instant profit and the oil and gas industry certainly will not jeopardize their billions of profit
Profile Pic
EvPv
Champion Author Maine

Posts:4,545
Points:1,160,055
Joined:Feb 2011
Message Posted: Dec 11, 2012 2:11:48 AM

self funded is the best way.
Profile Pic
bobdec
Champion Author Miami

Posts:12,259
Points:2,607,895
Joined:May 2008
Message Posted: Dec 11, 2012 2:10:25 AM

Should be good
Profile Pic
Luckylindy
Champion Author Milwaukee

Posts:7,728
Points:1,949,675
Joined:May 2008
Message Posted: Dec 11, 2012 2:10:14 AM

Wait until lefties complain and start filling lawsuits.
Profile Pic
packards42
Champion Author Washington

Posts:9,537
Points:1,834,630
Joined:Feb 2005
Message Posted: Dec 11, 2012 2:07:47 AM

This is a good idea and the LNG plantd are baddly need on the north slope.
Profile Pic
btex49
Champion Author Austin

Posts:6,068
Points:1,344,780
Joined:Aug 2011
Message Posted: Dec 11, 2012 2:03:39 AM

Sounds like it has real possibilities. I wish everyone the best with this project!
Profile Pic
gmcgas
Champion Author Atlanta

Posts:9,554
Points:2,613,895
Joined:Mar 2004
Message Posted: Dec 11, 2012 2:02:21 AM

is it penny wise and dollar foolish?
Profile Pic
LanguageMan1
Champion Author Tampa

Posts:17,647
Points:2,537,190
Joined:Apr 2008
Message Posted: Dec 11, 2012 1:59:35 AM

Wonder why???
Profile Pic
vulcan96
Champion Author Ohio

Posts:27,181
Points:3,133,135
Joined:Aug 2004
Message Posted: Dec 11, 2012 1:59:35 AM

sounds like a good idea....
Profile Pic
jimgraham
Champion Author Akron

Posts:13,910
Points:2,866,160
Joined:Oct 2007
Message Posted: Dec 11, 2012 1:58:16 AM

Environmentally friendly cost cutting using domestic fuel. What could be better?
Profile Pic
comprof
Champion Author Houston

Posts:10,645
Points:2,234,390
Joined:Jul 2009
Message Posted: Dec 11, 2012 1:56:16 AM

I think that is better than wasting it. Is it economical?
Profile Pic
sehonda
Champion Author Honolulu

Posts:3,388
Points:1,272,235
Joined:May 2009
Message Posted: Dec 11, 2012 1:53:31 AM

waste of taxpayer money
Profile Pic
TBONE3
Champion Author Pennsylvania

Posts:10,829
Points:2,427,350
Joined:Mar 2005
Message Posted: Dec 11, 2012 1:50:08 AM

Great, now that is one hep gov.!
Profile Pic
JohnofGB
Champion Author Flint

Posts:8,913
Points:1,939,795
Joined:Feb 2010
Message Posted: Dec 11, 2012 1:46:28 AM

Good. Beats burning it off as a flare.
Profile Pic
LilRedWagonIN
Champion Author Indiana

Posts:11,431
Points:2,369,850
Joined:Oct 2008
Message Posted: Dec 11, 2012 1:42:59 AM

And then will the State government own it?
Profile Pic
hank1326
Champion Author Los Angeles

Posts:11,424
Points:2,522,960
Joined:Jun 2008
Message Posted: Dec 11, 2012 1:37:02 AM

Good for Alaska.
Profile Pic
WanderDan
All-Star Author Dayton

Posts:670
Points:457,335
Joined:Nov 2012
Message Posted: Dec 11, 2012 1:36:54 AM

OK - so I am new on Gasbuddy (used it for a long time but just started participating) and I figured it would be awesome. The only down side I can find is the political hatred and accusses to attack people. Maybe I can suggest that many people the next time they drive their car/truck or whatever put in your favorite music and turn off Rush Limbaugh......
Post a reply Back to Topics