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Oil & Gas

Alaska Lawmakers Propose Ditching Pipeline Plan

February 07, 2011
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According to the Associated Press, Alaska lawmakers introduced legislation to abandon a centerpiece of former Gov. Sarah Palin''s administration: a state-sanctioned effort to advance a major natural gas pipeline. The measure sponsored by at least five Republican representatives underscored the impatience and skepticism that many lawmakers have expressed about the current process and a belief the state is no closer than it was several years ago to realizing the long-hoped-for line. The pipeline had been seen as a way to help shore up revenue amid declining oil production, create jobs and provide more reliable, affordable energy to Alaskans.

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