The one sure way to make the gas line a reality is to increase the state and federal subsidies enough so that the gas will be inexpensive and private investors will see it as a good bet to make money over the long term.
A reporter for the right-wing Washington Beacon claims that Trump cabinet members are talking about funneling federal money directly into the project through a loan from the U.S. Department of Energy.
Read MoreInterior Secretary Doug Burgum said that Alaska oil and gas and minerals can be developed with “teeny, teeny amounts of acres for huge amounts of opportunity.”
Burgum made the remarks in Anchorage Sunday as three Trump cabinet members began their trip to Alaska. The others are EPA Administrator Lee Zeldin and Energy Secretary Chris Wright.
Read MoreThe third-rate character of the second Trump administration is on full display yet again with Department of Homeland Security hooey attacking Anchorage as a “sanctuary city.”
Read MoreSullivan’s slamming of higher education echoes that of fellow humble bragger Pete Hegseth, the Harvard graduate who made a big show of scribbling all over his diploma on TV in 2022 and claiming he was going to send it back.
Read MoreSome Republican House members are now claiming that they did not know the text below to undermine democracy was included in the 1,038-page bill they approved on a 215-214 vote.
Read MoreAlaska veteran Philip Munger posted the following letter on Facebook, adding “I am still bothered by how blatantly Sen. Dan Sullivan lied yesterday at the Memorial Day ceremony at the Wasilla Veterans' Wall of Honor. So I'm hand delivering this letter today to his Wasilla office.”
Read MoreReuters reports that while U.S. officials have invited Asian nations to Alaska to talk about Alaska LNG in early June, it is unlikely that any major deals will be announced.
Read More“The Minto tribe’s business entities have been sued in federal court by consumers at least 17 times. The tribe has argued that arbitration agreements signed by borrowers, as well as tribal sovereign immunity, protect the businesses from lawsuits. In at least one suit, it expressly denied the characterization of Minto Money as a “rent-a-tribe” operation,” the ADN and ProPublica said.
Read MoreWhat makes his latest claim impossible to believe is not only his constant refusal to confront Alaska’s financial troubles during his 6-plus years as governor, but also the grab bag of preconditions that will weigh down and sink his alleged yet-to-be-seen plan.
Read MoreThe Republican refusal to vote to cover the current year deficit from the Constitutional Budget Reserve prompted an alternative—the withdrawal of up to $100 million from the surplus funds of the Alaska Industrial Development & Export Authority. The rest of the deficit, perhaps another $100 million, would be made up by taking money from the higher education investment fund used for scholarships.
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