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Alaska LNG Price Cap Proposal
Description
Alaska’s lawmakers face a high-stakes showdown over the proposed LNG pipeline, as developer Glenfarne offers to cap gas prices at $16/MMBtu for Alaskans — a move designed to shield consumers from cost overruns and rising import prices. With construction costs ballooning to $54 billion and exports critical to keeping local gas affordable, the proposal could be a game-changer — potentially slashing prices to as low as $5/MMBtu if exports succeed. Lawmakers are racing to finalize a tax break and impact fund amid mounting pressure, as the special session winds down and分歧 looms over funding, duration, and who gets what.
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