UAF Energy Economist Says Small-Bore Natural Gas Pipeline Could Help Fairbanks

Energy was the main theme at Tuesday's Greater Fairbanks Chamber of Commerce business luncheon.

Doug Reynolds, a Professor of Petroleum and Energy Economics at the University of Alaska Fairbanks was the featured speaker.

He spoke about concerns and possible solutions to Fairbanks energy needs.
The presentation looked at Alaska's energy and economic development problems and America's national security needs.

Reynolds says a small bore natural gas pipeline might be the answer.
It suggests a solution by building a small-bore natural gas and natural gas liquids pipeline using a federal loan.

"They put aside $18 billion dollars in the ANGPA act so we could use that money.
It's for eighty-percent of a pipeline project, to build this pipeline right now.
That is, we don't have to wait for an act of Congress. We have money right now, that exists, and it's all up to the Department of Energy, Rick Perry, the Secretary of Energy."