Skip to comments.Palin administration makes TransCanada license official
Posted on 12/06/2008 3:46:50 AM PST by ebiskit
FAIRBANKS, Alaska -- Gov. Sarah Palin, along with two of her commissioners, met Friday in Fairbanks to sign TransCanada's license to construct a natural gas pipeline.
The signing happened Friday morning at the Morris Thompson Visitor's Center.
Friday also marked the two-year anniversary since Palin and her administration met in Fairbanks to kick off meetings with all of the parties interested in commercializing North Slope gas.
"This is a historic day for Alaska and for the North American continent when you consider the impacts this project will have on this part of our world," Palin said.
Natural Resources Commissioner Tom Irwin and Revenue Commissioner Pat Galvin signed TransCanada's license, which was approved under the Alaska Gasline Inducement Act.
TransCanada is the company that was chosen by the administration and approved by the Legislature to build a natural gas pipeline from Prudhoe Bay to Alberta, Canada.
"This is a significant step as we march forward toward Alaska's next economic lifeline," Palin said. "It's our next economic engine."
TransCanada CEO Hal Kvisle says the company has been interested in this project for 30 years.
"In our planning we've decided the size of the pipeline, the route of the pipelne, and we concluded those things that will work best," Kvisle said.
The license confirms the state's commitment to this project,
Kvisle said, though he said there is still a long road ahead and a lot of work is left to be done.
"On behalf of TransCanada, I look forward to working closely with the state of Alaska, the administration, its people, the Natives of Alaska, and potential customers for shipping on this pipeline," Kvisle said. "We think it will be a dream of a project."
There's about 10 more years of hard work ahead in order to get the pipeline online, TransCanada says. That includes the regulatory process, completing commercial negotiations with the suppliers, and getting all the necessary approvals from state and federal authorities.
After all of that is complete, it will take another three years just to build the pipeline.Contact Lori Tipton at firstname.lastname@example.org
More than I can say for the so-called DC intelligentsia.
Well, even if it takes ten years, it is better to start the ball rolling now, rather then take the current DC mantra to heart.
“It will take too long to produce anything so we should not even bother to try...”
That idea and spirit is what is killing American Prosperity.
A pipeline that will take 3 years to build will have to wait 13 years due to regulatory nonsense.
Expect this pipeline to be killed by the Obama Administration either through environmental opposition or via extension of the 10 years to 20 or more.
We need a “Barricuda” in the Lower 48 to ramrod some gas and oil development.
2012 isn’t that far away.
Dare I say that negotiating this agreement with a foreign power will look very good on her foreign relations resumée come 2012?
Well, it looks like a lot of work surveying and chopping trees for now.. Need some wood?
>>>>>..... 10 more years ..... includes the regulatory process, completing commercial negotiations with the suppliers, and getting all the necessary approvals from state and federal authorities..... another three years just to build the pipeline.<<<<<<<<<<
The Alaska Pipeline by Alyeska was 2 years to plan and permit, and 3 years to build. Five years total.
Sidenote, ANWR (which I suppose is suspended until Zer0 comes and goes) is maybe a 100 mile extension the existing pipeline.
Another step toward the North American Union.
>>>>>>A pipeline that will take 3 years to build will have to wait 13 years due to regulatory nonsense.....Expect this pipeline to be killed by the Obama Administration<<<<<<
Even with the negotiations with Canada 10 years is rather excessive, the Alyesa pipeline was planned and permitted in 2 years and IIRC that was about 2,500 state permits and another 2,500 federal permits.
However as you say we can count on Zer0 to make the NG pipeline bureaucratically untenable.
Better keep in that ducked position. Sheesh.
With the over through of the Conservatives and all...??
With this act, she has more foreign policy and economic growth success than our President Elect.
Now the good old us tax payer is on the hook for another bailout if this flops.
Sarah can nurse a baby, run a thriving state, cook moose chili, and look great while doing it.
No wonder the stupid, ugly Libs and the jealous hags of the Right are still trying to pull her down.
So what has Obama and Biden done lately?
Noto bene....10 years bureacracy, 3 years labor. The 10 year part is the problem (ie, Gummit, guberment, or whatever else shoe fits)!
“Palin Administration”. Has a nice ring to it. Especially after all of the crap stories we get in the msm about her.
Any progress will now certainly be delayed for at least four years. The Dems say we cannot drill for more oil, because it would take too many years to develop anything, while they are the ones who over regulate it to make sure what could be done in a year will take a decade or longer. They say we can serch for natural gas, but only in areas where natural gas does not exist. They say we cannot rely on nuclear power because it takes too long to put new nuclear power plants online, while the Dems make it almost impossible for a nuclear power plant to be approved. Maybe the coming economic/energy disaster will finally wake people up to the fact that the Democrats have been complete obstructionists when it comes to energy. The Democrats' slogan could be, "We cannot do anything economically viable because we forbid it."
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