3-7-18 Alaska has a deficit budget and fiscal crisis but pours money into socialized, uneconomic energy projects!
Government subsidized Fairbanks natural gas scheme plods on... ...with insufficient customer base, insufficient long term gas supply, high cost barriers to fuel oil/gas conversion. This is one of two large, socialized, Alaska energy projects that politicians continue to subsidize in the midst of a fiscal crisis highlighted by deficit budgets. Neither the AGDC nor the IEP natural gas projects would now be burning cash if they were controlled by prudent, free market investors. See references, below. -dh LNG tank construction a sign of progress for Interior gas project (IEP), Alaskajournal.com, Backhoes are back [...]