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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > Alaska Gas Pipeline
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Post by SmallBet on Oct 05, 2012 5:16pm

Alaska Gas Pipeline

one would think that if this pipeline is truley and strongly considered, @ $45-65 billion, why would the "MVGP" not go? we have one year left for a decision. I may be a "REAL" optomist on this, but I think our gas line will still go, looking @ forecasts 5-10 yeas down the road, for gas values...

check out this article;

https://www.cbc.ca/news/business/story/2012/10/05/transcanada-alaska-pipeline.html

Comment by OilEng on Oct 06, 2012 12:18pm
The difference between the Alaska pipeline and the MVP is that Alaska has 6 times the gas reserves and the Alaskan government is willing to give big subsidies to the oil companies (I think they gave $500 million towards the initial work on the pipeline)  Alaska also has an all weather haul road -Dalton Highway - to Prudhoe Bay. Harper has made it very clear that the Federal government is not ...more