Alaska’s $6 billion “half-LNG” project, i.e. the North Slope conditioning plant and 500-plus miles of pipeline, but no liquefaction or exports, will never be funded unless the Biden administration and Congress realize that energy security may be an issue in the future. The Texas electric power crisis and two previous California crises over the last 20 years show unambiguously that any renewable energy strategy without plenty of natural gas backup systems can fail spectacularly. So, the question is, are America’s natural gas supplies adequate? Recall, back in the early 2000s, Alaska was negotiating the creation of a ... (full story)