Natural Gas for the Future

Pat Clark_2

It appears highly doubtful that our Legislature will pass any bills to authorize contracts for natural gas production or building a pipeline. It has been a political issue mostly and the Legislature just wants to have a higher tax on the oil companies, which they are not willing to pay at this time. The governors proposal (which is acceptable to the oil companies) contains the highest tax rate in the oil and gas industry in the world, but our Legislators can't agree on anything at this point.

http://www.adn.com/news/government/legislature/

They are saying that once it does get approved, it will take 10 years to get the gas to market.

Pat (Alaska Time) Clark

Unknown

American Gas Magazine

August/September 2006 issue discussing the possibility in the near future of the Alaska Natural Gas Pipeline.

MOU Signed to Expedite Construction of Alaska Natural Gas Pipeline

IN LATE JUNE, SENIOR EXECUTIVES from the U.S. Department of Energy and 14 other federal departments and agencies signed an agreement to expedite the permitting and construction of the Alaska Natural Gas Pipeline. The Federal Interagency Memorandum of Understanding (MOU) for the Alaska Natural Gas Transportation. It defines responsibilities related to the approval of the pipeline project and provides for streamlined regulatory and environmental processes and reviews/approvals for the giant undertaking.

"We need to do all we can to increase our domestic supply of energy-including natural gas--and the Alaska Natural Gas Pipeline will help ns do that,” Energy Secretary Samuel W. Bodman said. "Alaska's North Slope is a valuable natural resource that has tremendous potential to provide a significant portion of our nation's natural gas needs to help heat homes and build industry.”

According to a Department of Energy (DOE) release of June 29, 2006, the pipeline is expected to supply about 10 percent of future U.S. natural gas demand. When the Alaska pipeline is fully operational, it will carry 4 billion cubic feet (Bcf) of natural gas each day.

Alaska Governor Frank Murkowski called for a second special session of the state legislature to begin on July 12 to consider and pass a new oil and gas tax structure, amendments to the Stranded Gas Act, and the gas pipeline contract. Once the gas transportation contract and related legislation are passed by the Alaska State Legislature, the State of Alaska will join with industry to form a corporate entity that will build the. pipeline, according to me DOE release. The MOU also establishes a frame- work for increasing energy security.
www.energy.gov

Unknown

Thanks Pat for the update

it seems like oil and gas issues cannot get resolved no matter how hard we try. All that gas could be used right now that is for sure. I pray that legislators wake up and see the need.

ScottMP

So little time

and so manythumbs stuck up the wrong spot.

Our Goverment moves So Slow on issuies. We need fuel for the future and our elected/rejected officials are more concerned with what will keep them elected. Just one issiue in thousands I suppose.

Scott

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