Episode Details

Alaska’s big LNG dream is crumbling under the weight of broken promises and math that doesn’t add up. The project hinges on industrial buyers like Donlin Gold to absorb costs, but even with them onboard, demand falls far short of the 500 million cubic feet daily needed to unlock affordable prices. Contracts lock in rising rates—starting at $16/MMBtu, climbing to $20+ by contract end—and those prices dwarf current Cook Inlet gas rates. Even hooking Fairbanks and Donlin won’t cut it. It’s a house of cards built on shaky numbers—and when it collapses, Alaskans will pay the price.

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