8-19-16 It Is Confirmed: Alaska’s Governor Moves To Socialize Uneconomic LNG/Gas Pipeline Project

Note our focus in yesterday's post on Alaska's and Alberta's move toward socialism...and on the plight of Venezuela's chaotic socialist economy State ... will soon take over Alaska LNG by: Alex DeMarban The state gas line corporation on Thursday laid out a timeline for taking over the massive Alaska LNG project by year's end. The board also approved the opening of a state office in Houston, Texas, that will be much smaller than the combined project's current 120-person office there, where officials said activities are slowing. ExxonMobil, BP and ConocoPhillips in recent [...]