Friday, October 1, 2010

Obama tells Persily he’s backing Alaska gas line effort

In a letter delivered by Larry Persily, the federal pipeline coordinator, to the 6th Annual Alaska Oil and Gas Congress on Sept. 28, President Barack Obama applauded those in the Alaska oil and gas business who are "working hard to find answers to America's energy needs."

"In addition to energy security, the pipeline would provide short and long-term economic benefits far beyond the tens of thousands of construction jobs it would create," Obama wrote. "The Nation's electrical utilities, manufacturers, businesses and homeowners will all live better with affordable, domestic natural gas supplies. Energy is an essential part of America's economic stability and that is where the gas line comes into play, bringing more than $10 billion worth of domestic natural gas a year to the Lower 48 states at projected future prices."

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