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Author Topic: Alaska governor announces plan to finance small LNG project on North Slope Back to Topics
skb69sa

Champion Author
San Antonio

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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
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Dec 12, 2012 11:11:00 PM


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

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Message Posted: Dec 11, 2012 12:19:44 PM

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

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Message Posted: Dec 11, 2012 10:59:49 AM

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

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Message Posted: Dec 11, 2012 10:59:15 AM

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

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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.
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sljbc475
Champion Author Tucson

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Message Posted: Dec 11, 2012 7:51:47 AM

Good news for Alaska and truckers.
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doeslayersr
Champion Author Illinois

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Message Posted: Dec 11, 2012 7:50:01 AM

Ok.
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58salty
Champion Author Jacksonville

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Message Posted: Dec 11, 2012 7:24:32 AM

OK
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skippypa
Champion Author Hawaii

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Message Posted: Dec 11, 2012 5:24:50 AM

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

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Message Posted: Dec 11, 2012 5:23:38 AM

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

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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.
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tomok
Champion Author Portland

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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!
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mrjames1818
Champion Author New Jersey

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Message Posted: Dec 11, 2012 4:59:24 AM

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

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Message Posted: Dec 11, 2012 4:51:28 AM

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

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Message Posted: Dec 11, 2012 4:50:54 AM

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

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Message Posted: Dec 11, 2012 4:45:07 AM

ok
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DavidsChallenge
All-Star Author Louisville

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Message Posted: Dec 11, 2012 4:44:12 AM

Keep government out of business period.
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mar2100
Veteran Author Cleveland

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Message Posted: Dec 11, 2012 3:56:55 AM

Hmmmmmmmmmmm
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SkooterG
Champion Author Phoenix

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Message Posted: Dec 11, 2012 2:59:49 AM

So what is the potential downside?
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WhiskersTheCat
Champion Author Austin

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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.
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pepinoNC
Champion Author Raleigh

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Message Posted: Dec 11, 2012 2:52:03 AM

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

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Message Posted: Dec 11, 2012 2:49:57 AM

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

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Message Posted: Dec 11, 2012 2:47:59 AM

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

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Message Posted: Dec 11, 2012 2:43:05 AM

north pole east of fairbanks?
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Happytalk
Champion Author Pennsylvania

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Message Posted: Dec 11, 2012 2:43:05 AM

good for Alaska
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Ready Eddie
Champion Author Twin Cities

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Message Posted: Dec 11, 2012 2:40:15 AM

Good for the economy.
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OldMan322
Champion Author Illinois

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Message Posted: Dec 11, 2012 2:38:53 AM

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

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Message Posted: Dec 11, 2012 2:35:51 AM

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

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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.
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RENEGADEGAS
Champion Author Missouri

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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.
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silverfoxv65
Champion Author Michigan

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Message Posted: Dec 11, 2012 2:22:38 AM

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

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Message Posted: Dec 11, 2012 2:19:46 AM

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

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Message Posted: Dec 11, 2012 2:15:57 AM

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

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Message Posted: Dec 11, 2012 2:15:23 AM

we need civil war
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SHEP20715
Champion Author Maryland

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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
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EvPv
Champion Author Maine

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Message Posted: Dec 11, 2012 2:11:48 AM

self funded is the best way.
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bobdec
Champion Author Miami

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Message Posted: Dec 11, 2012 2:10:25 AM

Should be good
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Luckylindy
Champion Author Milwaukee

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Message Posted: Dec 11, 2012 2:10:14 AM

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

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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.
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btex49
Champion Author Austin

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Message Posted: Dec 11, 2012 2:03:39 AM

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

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Message Posted: Dec 11, 2012 2:02:21 AM

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

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Message Posted: Dec 11, 2012 1:59:35 AM

Wonder why???
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vulcan96
Champion Author Ohio

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Message Posted: Dec 11, 2012 1:59:35 AM

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

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Message Posted: Dec 11, 2012 1:58:16 AM

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

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Message Posted: Dec 11, 2012 1:56:16 AM

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

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Message Posted: Dec 11, 2012 1:53:31 AM

waste of taxpayer money
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TBONE3
Champion Author Pennsylvania

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Message Posted: Dec 11, 2012 1:50:08 AM

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

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Message Posted: Dec 11, 2012 1:46:28 AM

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

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Message Posted: Dec 11, 2012 1:42:59 AM

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

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Message Posted: Dec 11, 2012 1:37:02 AM

Good for Alaska.
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