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EIA: Gas shale means AK may wait
An Energy Information Administration official spoke with Alaska Dispatch’s own Rena Delbridge about a new report from EIA on the potential for Alaska’s natural gas pipeline. The report indicates that the project might be pushed a little more into the future. Because of the surge in Lower 48′s production of shale gas, Alaska’s project is becoming a lower priority. That analysis won’t surprise anyone who has been following the shale gas situation, but the most interesting part to Alaska Beat is that the delay caused by shale gas may push the Alaska project out far enough to coincide with increased U.S. demand just as shale gas wells experience a decline. Given the time-frames here, no one really knows for certain, and both optimists and pessimists are looking forward to the 2010 open seasons, when producers’ intentions will become clearer.
Read full story on Alaska Dispatch >>>