0:57
Grier Hopkins
9:02 - 10:00
"We're currently paying between $24 and $26 per MCF here in Fairbanks, which comes out to mid-$3.50 or so equivalent for diesel, if I remember correctly, for our BTU basis."
“We're currently paying between $24 and $26 per MCF here in Fairbanks, which comes out to mid-$3.50 or so equivalent for diesel, if I remember correctly, for our BTU basis.”
- Speaker
- Grier Hopkins
- Timestamp
- 9:02 – 10:00
- Community
- Alaska News
- Location
- Juneau
- Captured at
- June 10, 2026
From the transcript
We're currently paying between $24 and $26 per MCF here in Fairbanks, which comes out to mid-$3.50 or so equivalent for diesel, if I remember correctly, for our BTU basis. So, as we try to— there's many homes and businesses that could connect to natural gas, but the price of connection, the price of changeover, and the price of a BTU is prohibitive. Earlier this year, we did start getting the first commercially available gas off of the North Slope being trucked down to our liquefaction plant instead of coming up from Cook Inlet, where we had been receiving it for the previous 20 years or so. Uh, that's fantastic if we have that for that, uh, current contract for the next 20-plus years, uh, in combination with Harvest Midstream and, and Hilcorp. But that comes in at that very high price.
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