National Energy Security Act

Here's a news item that's received little notice (yet). Senate Bill S. 774: National Energy Security Act of 2009 includes this section:

SEC. 374. ALASKA NATURAL GAS PIPELINE.
Section 116(c)(2) of the Alaska Natural Gas Pipeline Act (15 U.S.C. 720n(c)(2)) is amended by striking ‘$18,000,000,000’ and inserting ‘$30,000,000,000’. (LINK)

This would increase the federal loan guarantees for the Alaska Gas Pipeline (LINK). The bill is in the Senate Finance Committee. It's worth keeping an eye on. The bill is sponsored by Sen. Byron Dorgan [D-ND].