ARCTICULATES ® : Blogging in Alaska

... NATURAL GAS OR HOT AIR ...

Tuesday, May 24, 2008

~ NATURAL GAS OR HOT AIR? ~

I have read in numerous places that consumption of natural gas in the United States is at an all time high,
 and conventional production is slowing down.

And according to some analysts natural gas is becoming increasingly critical to the nation’s energy
needs. 

I am not really sure how true these statements are because of the many different opinions floating around
 on this subject.

We Alaskan’s have been hearing for years and years about the proposed natural gas pipeline, which would 
start in Alaska’s North Slope all the way to the Canadian province of Alberta 
(approximately 2000 miles in length). 

It has been said that getting this natural gas pipe line built in Alaska could be a critical component of 
the nation’s energy source’s security.

I do know that natural gas is cleaner burning then for instance coal.

And with higher fuel prices, and a growing appetite for natural gas, the oil companies are beginning to think
putting the natural gas pipeline in Alaska is seemingly the right thing to do..

It has been proposed that this pipeline would have the capacity to daily move 4 billion cubic feet of 
natural gas. 

This is approximately 7 percent of current natural gas use in United States.

  Concerned analysts are predicting that the natural gas prices will keep rising as the need becomes larger,
and that Canada will not be exporting as much because of the increased consumption in their own nation. 

This could mean United States will end up depending more and more on imports of natural gas in a 
liquefied form, which is costly, and very vulnerable to the political instability of various other places that 
would be suppliers.

There are many, many issues that will need to be addressed before this natural gas pipeline can be built.

There has been much political opposition that has caused delays in moving forward with this, and the rising
costs.

So approximately 35 trillion feet of gas reserves are either returned to the oil fields, or left alone because
there isn’t an export facility to move it out and into the consumer’s market.

They will have to secure over 1,000 permits, from Canada and United States, from the federal, local, and state
authoritieswhich can take years. 

Plus, they will have to negotiate with the native tribes on the proposed route, to secure right of way.

So now I have heard that there are two of the worlds largest oil companies that are willing to work together 
to try and get this natural gas pipe line done! 

Which will cost $30 billion to achieve and they are figuring around 10 years to complete.

Recently Alaska’s Governor Sarah Palin has recommended to the state law makers, that they should
approve a proposal from TransCanada Corp.

Governor Palin said that this is a better plan because "it puts Alaskan’s first", rather then the competing
proposal from BP and PLC oil companies.

The people in Alaska could benefit from the added jobs that this pipeline would provide.

But my question is will the Alaskan's benefit from this natural gas pipeline with...let's say... maybe... 
lower prices?

 Or will it be like the oil being transported out of our state, where we have always payed more for fuel and
heating oil  then most of the other 49 States with the exception of Hawaii.

I am not too worried about how this pipeline installation and upkeep will effect Alaska's natural 
environment.

 Mainly because the oil pipeline put in well over 20 years ago, has not caused any major detrimental
problems.

And Americans have gathered much more information on how to protect the natural environment in the years 
since the oil pipeline was built.

The Alaska lawmakers have 60 days to decide, and they started meeting on June 3.

So it is anybodies guess how this will all work out.

It does seem like there will be a natural gas pipeline.

But the question is when?

See Also: Baby! It's Cold Outside?

Later...
K Fields

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KFields

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 K. Fields
Alaska, USA

I live in Northern Alaska!
Hence the unique spelling
of my blog title.

I love Alaska! It can be a challenging
place to live,  but, the beauty that
surrounds me makes it
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This blog/website is my opinion
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