Given the overall economic gloom and doom Representatives Jay Ramras of Fairbanks and Craig Johnson of Anchorage have introduced a resolution to re-evaluate the AGIA pipeline project (LINK).
The competing Denali project is full steam ahead (LINK) for now anyway.
While current gas prices have led ConocoPhillips to cut back on its
Canadian operations, (CEO) Mulva discounted the low prices as a roadblock to the pipeline project's development. "You can't look at gas prices today," he said. You have to look at prices 10 years from now."