New report says Alaska LNG project costs could top $70 billion, so it won’t get built. Legislature needs to see the analysis

The latest evidence that no one knows what the gas will cost comes from an independent report by Rapidan Energy Group, which says the likely cost of the pipeline project is far higher than the $44 billion estimate still in circulation.

“Rapidan noted the second phase of the project alone could cost up to $60 billion based on current large-scale export projects underway along the Gulf Coast,” the webiste Natural Gas Intelligence reported.

Add in the cost of the so-called first phase—building a pipeline from the North Slope to Anchorage without compression and export facilities—and the total project cost would exceed $70 billion.

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Dermot Cole Comments
Murkowski gives benefit of the doubt to Trump's new war

A muddled statement from Sen. Lisa Murkowski treats President Donald Trump as a careful and thoughtful human being who weighed all the alternatives before going to war with Iran and surely knows what he’s doing.

Instead of succumbing to this Republican groupthink, Murkowski needs to admit that Trump started a war without consulting Congress or sticking to any one story about what he hopes to accomplish. Her comments are alarmingly similar to the brilliant claim by Pete Hegseth that the U.S. is not at war with Iran, only with its attempt to get nuclear weapons.

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Dermot Cole Comments