Thursday, July 24, 2008

New Poll - Please Vote

How do you feel about the AGIA bill passing the House?

Ultimately the free market will decide - What do you think?

Wednesday, July 23, 2008

Alaska Gasline Inducement Act Approved by Alaska House

Next stop - the Senate

From Reuters Yereth Rosen:

The chamber voted 24-16 in the state capital of Juneau for a bill backed by Governor Sarah Palin that would grant TransCanada a state license for a 1,700-mile (2,700 km) pipeline to bring the gas to North American markets.

Government interjecting itself into a market place has seen colossal failure after colossal failure after colossal failure," said House Majority Leader Ralph Samuels, an Anchorage Republican. "Government is ill-equipped to start picking winners in the marketplace."

From Wes Loy at Anchorage Daily News

Rep. Mike Hawker, R-Anchorage, delivered a long speech citing a litany of worries with the TransCanada deal.

"AGIA -- I'm a little bit afraid it stands for Alaska Goofs It Again," he said.



This link shows how the House voted.

Tuesday, July 22, 2008

Monday, July 21, 2008

The Canadian View

From DAVID PARKINSON

TRANSCANADA AWAITS THE GOVERNOR'S CALL

A new natural-gas pipeline from Alaska throws together a state hungry for revenues, a Canadian carrier hungry for volumes and producers who don't want to get left out, David Parkinson reports.

Saturday, July 19, 2008

The Little Susitna view of the AGIA

Dominic S.F. Lee is the president and CEO of Little Susitna Construction Co., based in Anchorage. Lee has led Little Susitna Construction, an engineering and construction company, for the past 28 years. Little Susitna was one of the rejected AGIA (Alaska Gasline Inducement Act) bidders.

Here's a link to his opinion of the AGIA. He points out how the AGIA will put Canadians in the driver's seat for development of Alaska's Natural Gas.