Back in March, I took a look at a Portfolio article on Alaska governor Sarah Palin’s plan for a natural-gas pipeline. Among the article’s criticisms of Palin was that she had effectively shut out the oil companies whose cooperation was necessary for completion of the project.
One of her defenders credited her plan for bringing “three of the four key players into alignment: the U.S. government, the Canadian government, and the state of Alaska,” adding, “the fourth player, the producers, are going to have to deal with that reality.”
Well, today TransCanada (the pipeline builders) and ExxonMobil (one of the producers) have reached an agreement to work together on an Alaska gas pipeline.