The Financial Times has an article on the risks the US takes everyday there is a delay in the construction of the 3,500 mile pipeline. Take a look:
The top US energy regulator has warned that some of the world's largest energy producers would “cripple” the US if they failed to move ahead with plans for a $20bn (£11bn) pipeline to transport natural gas from Alaska.
Pat Wood, chairman of the Federal Energy Regulatory Commission (Ferc), said further delays to the 3,500-mile pipeline project which started almost 30 years ago could harm the US, which relies on natural gas for almost a quarter of its energy needs.
“We cannot have that gas be sat upon while we just rely on increasing supplies of liquefied natural gas,” Mr Wood told the Financial Times last week. “We need them both, and I think we can do them both.” Ferc on Wednesday published the initial terms governing the design and use of the proposed pipeline from Alaska's North Slope to the US Midwest. Alaska lawmakers are negotiating with prospective builders of the pipeline, although Ferc has ultimate authority over contract terms.
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