This editorial appeared in The Anchorage Daily News.
About a year ago, the state of Alaska cut a deal on natural gas with two big Cook Inlet suppliers, Conoco Phillips and Marathon. The two firms export Cook Inlet natural gas to Asia and they needed federal permission to continue those exports. The state agreed to support two more years of exports in return for two concessions.
Each company agreed to drill five more gas wells in Cook Inlet, which they are doing. And each agreed to negotiate in good faith with Southcentral utilities to offer gas supply contracts that the state's utility commission would approve.
Note that terminology: contracts that the state's utility commission would approve.
That's the crux of a big dispute that will affect future gas prices for customers throughout Southcentral.
To read the complete editorial, visit The Anchorage Daily News.