
Calvin Schrage
231:05 - 231:37
"without that contract being signed, this is the only way that today any of us can go back to voters and a guarantee to them that they will not be paying a higher price of gas as a result of this project. Ideally, we'd have a signed contract. We would know definitively that Alaskans would not be paying more than $16 per MMBtu"
“without that contract being signed, this is the only way that today any of us can go back to voters and a guarantee to them that they will not be paying a higher price of gas as a result of this project. Ideally, we'd have a signed contract. We would know definitively that Alaskans would not be paying more than $16 per MMBtu”
I've got a bit of reverence for statute, and I would prefer not to be putting hard dollar numbers in statute and taking this sort of, uh, step. However, without that contract being signed, this is the only way that today any of us can go back to voters and a guarantee to them that they will not be paying a higher price of gas as a result of this project. Ideally, we'd have a signed contract. We would know definitively that Alaskans would not be paying more than $16 per MMBtu. We don't have that signed contract, so this is the only way to do it.
Alaska House Finance Committee caps natural gas prices at $16 per million BTU for Alaskans through statutory amendment to House Bill 381, mirroring Enstar contract terms to protect ratepayers from cost overruns on Alaska LNG project.

The committee adopted an amendment Monday allowing municipalities to collect their share of the alternative volumetric tax directly from the pipeline operator rather than waiting for state appropriation, addressing borough concern about cash-flow delays and legislative control.
