Gas credits not likely to kick in

But federal report also says Alaska gas could cost other producers billions of dollars

Larry Persily

Petroleum News Juneau Correspondent

A federal analysis of proposed tax incentives for an Alaska natural gas project finds that such a large supply of gas to North America markets could likely push down prices and squeeze some Lower 48 gas out of the market at least initially, but that prices likely would remain high enough to save the....

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Report to help conference committee

Market prices could drop

Report estimates $58 billion loss to other producers

Industry group says more gas needed