Why AGIA won't deliver Alaskans a gas pipeline

TC as years of documented successful experience building and operating pipelines. The brand new Denali pipe Co., (progeny of the producers), by law, has to be an entirely separate and distinct corp. Has Denali ever done anything? Where's their documented track record? They can't even answer the phone or respond to Alaskans seeking work--all those Alaskans touted in their testimony and adverts. Trying to communicate with them is an exercise in frustration: voice jail and dead end web pages. Denali has never built an inch of pipe, conducted an open season or negotiated with customers. They are incorporated specifically to prevent recourse through them to the BP & CP balance sheets. They do play a crafty game though encouraging and letting our misconceptions stand uncorrected about a "producer built pipe." Look at the performance of Mr. Fackrell before the the legislature for a sneak peak of how the neophyte Denali corporation will deal with our state. Bewildered unresponsive cluelessness and pointing us elswhere for action and answers will leave our state as frustrated (and broke) as those Alaskans looking to Denali for a job interview.

of Hal Kvisle president of TransCanada disappeared... Please put that back up.

Instead of spending all of your time and energy fighting, why don't you do something constructive? Why do you spend all of your time posting on blogs as different identities? It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

I have no idea what you are talking about. I always post under my own name....I have no need to hide my identify. AH

Andrew, Correct me if I'm wrong but didn't it say in TC's initial proposal application that the only way they could build the line in addition to the 500 MILLION from AK was to then go to the federal govt. (U.S. not canada's) and ask them to underwrite the project? Wasn't that a stipulation for actually building the line? And, why is it that this particular point has been lost in all this...So here we are today, We're going to pay 500 MILLION DOLLARS to a canadian corporation for a lobbying and paper filing fee to go lobby our federal government (I guess because our current administration is too inept to carry on that task themselves) for additional money so that this same company can increase their bottom line to their shareholders....and we're not even their top priority- Alaska is 4th on their "to-do" list. Nice job if you can get it!

Andrew's Response:

Jack,

Very timely question.

The author made some great points. How can our state offer a foreign company with ZERO Alaska experience,ZERO Alaska capital investment,ZERO Alaska project experience, ZERO Permafrost experience(in Alaska or Canada) $500 million when qualified companies will do it for free and have the market capitalization and proven experience to get it done? The oil companies have paid over $77 billion in taxes after all and another $10 billion this year. And oh by the way, TransCanada might be billions in the whole before getting started.

Could you imagine the squealing in this state if an oil company gave a foreign company the right to build a major project. Further they paid them to participate and they had no employees in the state now, or forever. Had never worked in the Alaskan arctic or permafrost any where. Get real these guys are not technically qualified to do a project 10% this big.