T. Boone is no fan of the Palin pipeline. Reuters:

CALGARY, Alberta, June 17 (Reuters) — Billionaire oil investor T. Boone Pickens said on Wednesday he doubts a $26 billion natural gas pipeline from Alaska will be built any time soon as abundant new shale gas supplies reduce the need for the expensive project.
Pickens, who is promoting a plan to boost investment in wind power and natural gas to cut U.S. oil imports, said at a Calgary appearance that he sees little need for Alaskan gas given massive shale gas discoveries in the Barnett shale play in Texas and elsewhere.
“All the proven gas on the Arctic coast is 39 (trillion cubic feet). That’s not as much as you have in the Barnett shale,” Pickens said at a Calgary speech. “I don’t think a pipeline from Alaska through Canada to the lower-48 makes sense.”

The fact that T. Boone Pickens has an economic interest in Barnett shale, however, might be coloring his view of the Alaska pipeline.