House OKs gas line loan guarantees sunset
Energy bill provision signals proposed pipeline’s importance to national interest; bill also provides for expansion of refineries
Petroleum New Contributing Writer
The U.S. House of Representatives passed by two votes Oct. 7 a bill that establishes a two-year time limit for the use of federal loan guarantees in building the proposed $20 billion Alaska natural gas pipeline.
The measure was included by Rep. Joe Barton, R-Texas, in a broader piece of legislation....
[additional news subjects in this story]
Goal: adding 2 million bpd of capacity
Katz: not expected to impact negotiations
Companion legislation fizzled
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