Oil

Alaska Gov.: Please, come and drill

It’s all about economic interests — too bad politicians are such short term thinkers.

» Oil & Gas Journal – search for petroleum, power and energy articles: “Alaska governor Frank H. Murkowski is urging congressional task force members studying US natural gas supply alternatives to visit Alaska to evaluate firsthand that state’s potential role in supplying gas to the Lower 48.

In letters to Energy Committee Chairman Billy Tauzin and House Committee on Resources Chairman Richard Pombo this week, Murkowski stressed that Alaska’s North Slope contains 35 tcf of proven reserves, with another 65 tcf estimated. He said the $20 billion pipeline system required to make this gas available to the Lower 48 is a better alternative than importing volumes in the form of LNG, which would cost at least $26 billion.

‘And, it is better for the United States from a balance-of-payments point of view,’ said Murkowski. “

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