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

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

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 months have signaled they may not all continue with the $55 billion project amid the global slump in the price of oil and liquefied natural gas.

Now, the state…. (More here)

About the Author: wpnorthern

Dave Harbour, publisher of Northern Gas Pipelines, is a former Chairman of the Regulatory Commission of Alaska, a Commissioner Emeritus of NARUC, NARUC's Official Representative to IOGCC and Vice Chairman of NARUC's Gas Committee. He served as Gas Committee Chairman of the Western Conference of Public Service Commissioners. He also served as commissioner of the Anchorage Bicentennial Commission and the Anchorage Heritage Land Bank Commission. He earned a Bachelor of Arts Degree: English, at Colorado State University, a Master of Science Degree: Communications-Journalism at Murray State University and graduated from Utility Regulatory School for Commissioners at Michigan State University. He served as a Vice President for Communications and Public Affairs at Alaska Pacific University, taught bank marketing classes at the University of Alaska and was an English teacher at Los Alamos High School. Harbour served in ranks of Private - Captain during a 4-year assignment with the Army in Korea, Idaho, Georgia and Fort Meade and received the Meritorious Service Medal among other commendations. Harbour is also a past Chairman of the Alaska Council on Economic Education, the Alaska Oil & Gas Association Government Affairs Committee, the Anchorage Chamber of Commerce, the Export Council of Alaska and the Department of Commerce's District Export Council. He is a past President of the Alaska Press Club, American Bald Eagle Foundation, Consumer Energy Alliance-Alaska and Common Sense for Alaska. Harbour was instrumental in founding the American Bald Eagle Research Institute (UAS), the Alaska Support Industry Alliance, the Downtown Anchorage Business Partnership, and Arctic Power. He also served as CEO of several small Alaska organizations, including the Anchorage Parking Authority and Action Security, Inc. Harbour is also Chairman Emeritus of the Alaska Oil & Gas Congress. Harbour's wife, Nancy, is a professional, performing arts administrator and his three boys, Todd, Benjamin and William work in the fields of environmental management, energy marketing and medicine.