With gas crunch looming, Alaska's utilities won’t get big wind before tax credits expire. Here’s why.
One utility leader points to private developers and the Trump tax bill. But advocates say utilities share some of the blame.
lng
Regulators, advocates warn of utility inaction as Alaska gas shortfall looms
“The window for making decisions is closing,” said one top regulator. “If things just sort of slide and there’s no leadership, and we’re in the same position 12 months from now, we are looking at a dire, dire, situation. And people should get angry.”
Small Cook Inlet producers say they need state government help before drilling for new natural gas
One company, Bluecrest, said it will need more support even after a state agency agreed to forgive some $7 million in loans. Another company, HEX, says it needs the state to agree to a royalty reduction before it will drill a well.