On the recordMarch 15, 2002
I do indeed understand what my friend from New Mexico is saying. This point is especially true when you recall that the oil and gas producers who hold the leases on the Prudhoe Bay gas have stated publicly that the project as it now stands is uneconomical. Any legislative language that adds risk or cost to the project will simply make it impossible to build the Alaska gas transportation system--and this will deny the American consumers with access to a dependable, long-term, and economic supply of domestic natural gas.
Source
govinfo.gov
