Analyst: market dims hope for Alaska gas pipeline
(Published January 24, 2009)
ANCHORAGE, Alaska — Energy market analysts addressed an Anchorage audience hoping for a multibillion dollar Alaska natural gas pipeline and the news was not good.
The global economic crisis has slashed demand for natural gas and dimmed chances for an Alaska pipeline, they said. The line also faces expanded competition.
"It's certainly going to be taken off the urgent list," said Ed Kelly, a Houston-based vice president with the global energy consulting firm Wood Mackenzie.