Word: slopes
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Dates: during 2000-2009
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...raise the idea, either, he said. The volumes of gas were so small, it didn't seem worthy of consideration. He said Palin has focused on a bigger payoff: construction of a 1700 mile pipeline to the lower 48 that could catalyze gas production on Alaska's North Slope...
...pipeline is far from a sure thing, however, and the first cubic foot of North Slope gas years from production. Nevertheless, Irwin said, whatever quick help could have been provided from gas now headed for foreign markets pales by comparison...
...anchorage longshoreman named Scott Heyworth turned up in the nearby town of Wasilla for a meeting with its mayor, Sarah Palin. Heyworth, a local Democratic activist, had grown tired of waiting for the Big Three oil companies to tap their huge natural-gas reserves in the state's North Slope, the long swatch of northern Alaska tundra that includes the largest oil and gas fields in North America. For decades, ExxonMobil, ConocoPhillips and British Petroleum had little incentive to sell the trillions of cubic feet of natural gas that shares space beneath the ice with all those oil deposits...
...wouldn't be the first time a big project was held hostage by hard-line tactics, critics say. Palin's administration revoked ExxonMobil's leases of Point Thompson, a giant North Slope oil and gas field, for failing to put the area into production over three decades. Palin chided the company for "warehousing" 8 trillion cubic feet of gas. A state judge upheld the state action but said ExxonMobil and its partners should be given another chance to prove themselves. In February 2008 the company submitted a $1.3 billion plan calling for production...
...peak in the 1980s, the oil pipeline from the North Slope carried 2 million bbl. a day. The flow is now about a third of that, and supplies are projected to dwindle further. Alaska has seen these boom-and-bust cycles before. The "seal mines" of the Pribilof Islands, the salmon canneries, the Klondike gold rush--all these short-lived booms appealed to what New Deal--era Secretary of the Interior Harold Ickes once derided as Alaska's "gambling spirit." Palin is now rolling the dice on the national stage with a political persona based in part on her willingness...