[dalereed]

You are kind of in an isolated market where there is more supply than consumption and no where to export it to.

Here in So. Calif. it's a totally different story, most of our gas in imported and the enviros have shut down almost all the oil fields and forced the electric generation to natural gas (really stupid) and look forward to another energy crisis this winter here.

There is more oil and natural gas here than we can consume if the enviros would only allow it to be drilled and used.

[RightWhale]

there is more supply than consumption and no where to export it to.

The market for natural gas is tiny in Fairbanks, even if they hook up everyone. We watch the natural gas price because if it gets high enough the Alaska Natural Gas Pipeline will be built and that represents a bonanza of jobs for Fairbanks. Break-even is $2.70 and now it is $4.70 or so, but they won't build until it gets above $9.00 and stays there a while.