Amid warnings of diminished supplies in the medium-term future, Anchorage's major home heating and electric utilities have hired consultants to examine imports of liquefied natural gas.
"The region faced looming gas shortages roughly a decade ago, but attracted new companies and development through a subsidy program that cost the state more than $2 billion, according to estimates by one advocacy group."
Our "leaders" apparently cannot grasp the concept of "non-renewable resource". That means eventually attainable gas from Cook Inlet will be consumed. Now 10 years after whistling past the graveyard here we are again being effectively blackmailed with another "Hobson's Choice" (but only after spending millions on more "studies"). Perhaps we could have spent that 2 billion on field development and sustainment as a public utility or actually preparing to import gas. Isn't this just another colossal failure of the Alaskan governments' beloved "PPP" (Public Private Partnership) approach?