Skip to main content
0:36

Bert Stedman

8:46 - 9:22

“As far as it being a hypothetical potential of not going forward with the project, I don't believe it's that hypothetical because we've had numerous gas line projects that have not succeeded. This is just the latest one over the last 30 years. And there's a lot of FERC permits issued that never come to fruition.”
Timestamp
8:46 – 9:22
Community
Alaska News
Location
Alaska

From the transcript

As far as it being a hypothetical potential of not going forward with the project, I don't believe it's that hypothetical because we've had numerous gas line projects that have not succeeded. This is just the latest one over the last 30 years. And there's a lot of FERC permits issued that never come to fruition. The projects aren't built. So it's a real instance that this project may not go forward.

Related Coverage

Alaska's gas-pipeline bill now carries a tax on Hilcorp and others

A permanent tax on pass-through oil companies like Hilcorp is riding inside Alaska's gas-pipeline bill — and it kicks in by 2028 whether the pipeline gets built or not.

Cover image for article: Alaska's gas-pipeline bill now carries a tax on Hilcorp and others

State economist: even with tax breaks, the gas line barely works

Even with the Senate's tax breaks, Alaska's gas project still costs more to make than Asia pays for it — and one lawmaker put it bluntly: "It seems like they don't work."

Cover image for article: State economist: even with tax breaks, the gas line barely works