In the 1990s it was thought that using gas to generate electricity would outstrip the lower 48 supply and drive price up, opening the door for gas imported from Alaska and around the world.
The first NG shortage began in 2000 and caused significant problems in 2001 and 2002.
Palin has got the gas pipeline deal so screwed up many are saying that the Alaska gas is going to be stranded for another 25 years.
Wow, the rest of your analysis was spot on, how the Palin thingy got in there is beyond belief!
Cost of construction was not the issue for the gas pipeline - approval of PERMITS was!
There has never been a gas shortage. There has been a lack of pipelines...not the same thing. Enron and the rest of the natural gas traders drove the price up by manipulating the market.