That’s as gas producers warn that Cook Inlet natural gas supplies are dwindling, threatening higher prices.
Leaders in both the state House and Senate have listed energy legislation as a primary focus of this session.
So there’s all kinds of stuff on that front. Two bills have already passed out of the House. One would provide wide access to older seismic surveys, which drillers use to find oil and gas deposits. The idea is it would save explorers money, and thus make drilling more economical. Another would expand natural gas storage, which is supposed to also make gas cheaper in the long run.
It would set up a system where carbon dioxide is pumped underground rather than going into the atmosphere. Most of Alaska’s carbon emissions come from operations on the North Slope, and conveniently, there are plenty of underground areas that are good for storage.
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