| Alaska House Approves Natural Gas Pipeline |
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| by Tom McGregor | Wed, Jul 23, 2008, 09:45 AM |
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The Anchorage Daily News reports that, “the 24-16 vote supports the license for Calgary-based TransCanada Corp., one of the continent’s biggest gas pipeline operators. The house could take a re-vote today before sending the proposal to the Senate.” The vote occurred after House members soundly defeated several amendment offered by critics of the deal. During hours of debate, some lawmakers claimed licensing TransCanada would be a monumental step towards construction of a nationally important superpipe while skeptics predicted a state-subsidized failure. According to the Anchorage Daily News, “the legislation the lawmakers have weighed this summer in special session, House Bill 3001, would authorize the administration of Gov. Sarah Palin to award TransCanada a license that carries up to $500 million to help plan a pipeline likely to cost more than $30 billion. Lawmakers must pass a separate bill to appropriate the money for TransCanada. Gov. Palin chose TransCanada from among a handful of bidders that submitted applications under AGIA, the Alaska Gas Inducement Act, which lawmakers passed last year. To read the entire article from the Anchorage Daily News, link here:
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Comments (2)
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written by Texas Tom , July 23, 2008 At least someone is doing something about the energy situation. Unfortunately it is a Canadian Company. Follow me on this. A canadian company buys North Slope of Alaska Natural Gas, [there is more gas than oil] transports the gas into Canada then resales the gas back to the U.S. at a profit. Don't get me wrong, profits are good, but the environmentalists in the U.S. have barred us from competing in energy and that creates opportunities for this sort of thing to happen. We are living in the world of Bizarro!
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written by Ken Dickson This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , July 28, 2008 Texas Tom, you are right! We are strangling ourselves into submission on energy! We must do something & @ least some people are trying to figure a way out of this mess! What is wrong with profit/ Write comment
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Late Tuesday, members of the 
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