2 February 2004
In Fairbanks, Alaska, the newspaper is called the Fairbanks Daily News-Miner. This article covers the recent announcment by Mid American Energy Holdings concerning the contruction of a 48-inch diameter natural gas pipeline that would run from Alaska’s North Slope to the Yukon border.
Estimates place the amount of gas on the North Slope at around 35 trillion cubic feet. This pipeline would have a design capacity of 4.5 billion cubic feet a day, and would cost $6.3 billion to cover 745 miles.
They want to complete it by December 31, 2010. Mid American is owned by Berkshire Hathaway. Wouldn’t it be a great adventure to spend the next five or six years working on such a project?
Filed under: Investing