New Gasline Legislation Introduced

Would merge smaller pipeline with AGIA terms

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By KTVA CBS 11 News
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State House leaders have come up with legislation they say will help with getting an in-state natural gas pipeline built.

House Speaker Mike Chenault and Anchorage Representative Mike Hawker rolled out their plan this morning.

The legislation combines existing laws with recommendations from the Alaska Gasline Development Authority.

Through the Alaska Gasline Inducement Act (AGIA), any in-state line must not compete with TransCanada’s efforts to build a large diameter pipe.

The bill presented today would not decide which project gets done, but it would get the in-state line to appoint where lawmakers could then decide how they want to handle its construction, and make it mesh with AGIA.

“Clearly there's a fork in the road, and that's whether we end up staying with the smaller diameter pipe that is constrained and constricted under the terms of AGIA, or whether it comes together with an AGIA project and becomes a much larger pipe,” said Representative Hawker.

Also today, Anchorage Senator Bill Wielechowski introduced a separate bill that would require two-thirds of all surplus oil money to be put into the Congressional Budget Reserve.

Since it is a constitutional amendment, the bill would require passage by the entire legislature with a super-majority, and need voter approval as well.

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Legal said on Friday, Feb 17 at 12:29 PM

I heard from a reliable source that the REASON Palin created the ACES was due to a trust fund that was not appropriated correctly...so she applied that to the oil industry...question is what was the trust fund suppose to do and was it spent properly or was spent? I am seeing that in 1989 the money train was stopped when the Executor died. So then the funds got given to Ritcher Investments and Sarah Palin and gives reason for the spending spree they went on...big legal problem is the BIRTHRIGHT owner was not properly notified...so that leaves a HUGE lawsuit yet to come...money might be gone but assets purchased with it are not...sell em and replenish the trust fund...and I also have intel that the State of Alaska is liable as well so while they might not have to sell what they own...they will be billed for it as the State of Alaska will be forced to pay the account holder who upon birth was issued the trust account...so court time will be on the docket soon...better notify Rex Butler...

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Anonymous said on Monday, Feb 13 at 1:22 AM

yeah that is the rumor about Palin...but what is worst is that she still dicktates to Parnell and the monies involved...crimes committed...oh well!

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Juneau here I come... said on Saturday, Feb 4 at 10:43 AM

the AGIA and other nonsense from Caribou Barbie was there background intel done to ensure pay-off's and incentives were not in place to assure the TransCanada deal was good? And we thought Frank was crooked...Palin's the worst!!

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