Big Oil keen to go big in Alaska again
http://www.houstonchronicle.com/business/energy/article/Big-Oil-keen-to-go-big-in-Alaska-again-5518470.php
https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=Big%20Oil%20keen%20to%20go%20big%20in%20Alaska%20again
For now, oil companies are pressing ahead with plans to build a massive liquefied natural gas project that could cost $45 billion to $65 billion - a far higher price tag than the 1977 construction cost of the state's 800-mile Trans-Alaska Pipeline.
Exxon Mobil, BP, ConocoPhillips, TransCanada and the state of Alaska expect to finish designing the project late next year.
It would include gas treatment facilities at a giant oil field on the North Slope, an export terminal in a southern region of the state near Anchorage and another 800-mile pipeline linking the two. The state, which would be a part owner in the venture, gave the project a green light in April.
"More favorable taxes really do change the pace and the scale of what we're able to do here, and the state becoming an equity partner enables us to feel this is much more stable," Janet Weiss, president of BP Alaska, said in a recent interview with the Houston Chronicle.
"We've got to make sure we're capital efficient and we have tax stability," she said.
It seems to me the correct election result in 2016 and a subsequent opening of ANWR would probably surpass this project. Am I wrong in this thinking?