Just What We Need: More Natural Gas -- This Time From Alaska -- October 26, 2015

This is most interesting. And why I love to blog. I just posted this over the weekend:

I mentioned that to Don. He agreed, reminding me of the "gloom and doom" of 1973 - 1975 and then again in 1978 - 89. Things were so bad that there was serious talk of a 48-inch natural gas pipeline from the Alaskan North Slope to the Northwest Territory (Canada), and from there to the continental US. 

Now, today, from Seeking Alpha:

BP and ConocoPhillips have provided written assurances that they will commit their shares of Alaska North Slope natural gas to a future pipeline project, Alaska's Governor Walker says, adding that he will not introduce property tax legislation on gas leases within the Prudhoe Bay and Point Thomson units.

The announcement comes as the state legislature begins a special session concerning the project, which now is likely to focus on buying out TransCanada’s interest in the proposed $45B-$65B project that would be the largest single investment in Alaska in the state’s history.

Exxon Mobil, also one of the three top North Slope producers, has not yet made public a similar commitment.

It sure doesn't sound like the US oil and gas industry is dead, as Saudi Arabia would like to paint it.

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Countries Without Borders

I can only assume this is how President Obama pictures the Mexican-US border in the future, and what Homeland Security has nightmares about. The [London] Telegraph posts a photograph of countries without borders,  states without passport control. If you zoom in on the photograph to see individual refugees, you can identify the Bernie Sanders supporters. The ISIS terrorists are a bit harder to recognize but the ones carrying mortars are probably not our friends.