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Author Topic: Alaska gas ‘bullet line’ planners to request $328M Back to Topics
Nitewolf

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Anchorage

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Message Posted: Jan 18, 2013 11:18:38 AM

Posted: Friday, January 18, 2013 12:00 am

Jeff Richardson/jrichardson@newsminer.com

FAIRBANKS — The Alaska Gasline Development Corp. plans to ask for $328 million in legislative funding to push forward an all-Alaska “bullet line” this year, money that project planners say could lead to natural gas deliveries by 2020.

Dan Fauske, CEO of the Alaska Housing Finance Corp., which oversees AGDC, outlined plans for the 737-mile pipeline at a Wednesday meeting in Fairbanks. The small-diameter gas pipeline, which would run from the North Slope to the Mat-Su Valley, would cost an estimated $7.7 billion.

Fauske’s message at the meeting was consistent: The Legislature needs to do something to deliver gas to Alaskans. Delaying work on the AGDC pipeline plan, he said, is costing about $200 million a
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RitaVespa
Champion Author Oregon

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Message Posted: Jan 19, 2013 11:00:41 AM

How much will AGDC make on the gas? So, WHY do we need to fund the gas line? Oh, maybe for same reason we keep guaranteeing federal loans for solar companies that promptly fold. Hmmm....
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humblepie
Champion Author Toledo

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Message Posted: Jan 18, 2013 2:14:14 PM

isnt that special
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nsdp
Champion Author San Antonio

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Message Posted: Jan 18, 2013 1:41:28 PM

Hey guys, Alaskans can elect to forego their state royalty checks to pay for this thing. Won't cost US taxpayers a dime. Please start your brain before you start typing.
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FortVancouver01
Champion Author Washington

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Message Posted: Jan 18, 2013 12:12:30 PM

More "entitlement" subsidies to large corporations and big oil..at the expense of the tax payers..?
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fowlcan
Champion Author Oklahoma City

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Message Posted: Jan 18, 2013 12:00:54 PM

Wow that is a lot of PORK!
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OTISFL
Champion Author Pensacola

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Message Posted: Jan 18, 2013 11:31:40 AM

As if we can afford that!
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wrunner
Champion Author Virginia

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Message Posted: Jan 18, 2013 11:28:32 AM

To request that much money, it better be worth the price.
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