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September 17, 2021

Palin’s “Hungry Markets” Not So Hungry. (Updated – Andrew Halcro Weighs In)

In several recent interviews, Governor Sarah Palin has told the country about the importance of getting “Alaska’s rich natural resources to hungry markets” in the Lower 48.   And she’s been celebrating a new alliance between Trans-Canada Corp., and Exxon to build Alaska’s huge $26 billion dollar gas pipe line project. In light of all this buzz, it was interesting that an article just came out in The Financial Post, with the ominous title “Demand for Arctic Gas Dries Up.” The North American natural gas industry is “overbuilt,” pointing to weak prices for a long time, said [Steve] Letwin, Houston-based executive…