What about competitive position of the Alaska LNG idea?

The greatest, current competitive failing of the Alaska government LNG project — aside from its crippling socialist model — is that its competitors do not have to include the cost of an 800 mile arctic pipeline into the financing plans of their near-tidewater LNG projects.  In addition, most of the competition has better labor costs, better logistics, better climatic conditions, and better investor owned management incentives, discretion and market-place reaction times.   -dh

Today’s Alaska LNG News and Our Comment:

Bill Walker, Governor of Alaska. NGP file photo by Dave Harbour.

The Alaska government LNG scheme boldly moves ahead with the as yet infeasible multi-billion dollar project. 

Wise observers of history have found that an untold myriad of bad outcomes follow a socialized scheme like this.  When a free enterprise project is neutralized in favor of one owned and controlled by temporarily elected and appointed politicians and bureaucrats inefficiencies, corruption, favoritism, cronyism, and eventual failure are the sure result. 

Anyone who questions this tragic process need only look to managed economies of socialist Germany, soviet socialists, socialist Venezuela, socialist Cuba and other similar case histories to be amazed that the constituents of Alaska Governor Bill Walker enable him to have pursued this current pipe dream for so long.  -dh  (See more commentary below.)


AGDC will stick with Nikiski as prefered choice for LNG Project.  Mat-Su Valley Frontiersman.  Because of that, AGDC will stick with Nikiski, on the Kenai Peninsula, as its preferred choice for a plant and terminus of an 800-mile, 42-inch gas …


Feds ask Alaska LNG to hire contractor to help with project permitting.  KTOO. “And in this case it is for the fire protection review,” said Alaska Gasline Development Corporation Senior Vice President Frank Richards. “That’s …


Alaska megaproject hits financial headwinds as elections loom.  E&E News.  The Alaska LNG project is being developed by the Alaska Gasline Development Corp., a quasi-independent state-owned company. AGDC is counting …


Alaska LNG pipeline leaders navigate trade battle with China.  Anchorage Daily News.  GDC leaders acknowledge the 25 percent tariff the Trump administration levied on Chinese steel imports this spring could impact the viability of …