Like
Kermit sings out, “It's not easy being GREEN”. Like Congress
sings out under
cover of immunity,
“It's not easy being TRANSPARENT”. See,
truancy is hard to hide. WAAAAELL
LAA DE FRICKIN' DA as “Day
One” of Bill Walker's reign as the
11th
governor of
Alaska and already we are seeing “Transparency” at
work the
same time “Big Oil” is seeing “GREEN”. No not
“environmentally” speaking, but time to raid the “Green-House”,
a.k.a. our loot!
See, even though
I refused to sign that “Confidentiality”
agreement in efforts to see the “Parnell
Secret Plan”
for a natural gas pipeline, I still received the briefing. Look,
there ain't nothing secret about it except with the confusion factor
and if anything should be kept a “Big Secret”, how in hell is
this going to be pulled off? It ain't, it's still a fantasy and
indeed a “Pipe Dreamer's
Wet Dream”!
Yes, Parnell was
the “Pie-Eyed Pied Pipe Dreamer” thinking
that he could pull this off.
That's what
Parnell wanted to keep under cover, the fact that this project has
breached the core of feasibility and reached the stage of imbecile
meltdown. Yes
indeed, it is a monster of a project and if you thought tearing down
the Berlin
Wall
was a feat, that ain't nothing in comparison to this plan to bring
the “Stranded Gas” north
of the 65 parallel to
an Asian
Wal-market. I
mean, humongous engineering
problems have
yet to be addressed, so is anybody really serious about such a
$65-Billion dollar endeavor, as
the returns on such an investment don't add up – unless there is a
stool pigeon. That's
a whole lot of money. But
some outside experts with funny names say it can be built for
$51,733,968,345.89! Wow pretty accurate assessment, to the penny!
What, that's exactly what remains locked away from the legislatures
in the “Permanent Fund Reserve”? That's suspicious, as with this
project Alaska stands to be an owner - unlike the
Trans-Alaska-Pipeline - so we must put up at least $13-Billion in
cash, along with $18-Billion in Alaska Railroad bonds secured
by that same amount in the “Reserve”,
because
those ARR bonds
are junk. And therein one must be suspicious, this “ownership
risk”, as if that were a good thing, how come it didn't work with
the 800-mile oil pipeline? Why not
our participation was based on stingy greed, as that
“pipeline” was known even in the
Hall's of Congress
as a “Cash Cow”. Get the point, as when a project may be “iffy”
economically, “Big Oil” doesn't like to take the risk on its own.
And I counted the word “Risk” over 300 times in this
“Confidential”
briefing. In
order for this project to get the “Green Light”, that 300 must be
reduced to “ZERO”, good luck. Now
with Uncle Sam putting in another $18-Billion in loan guarantees
secured by, yes the “Reserve”, well “Frickin' da” again, as
this means the risk by “Big Oil” has almost evaporated! What a
deal, we build it with our money and they use it to “un-strand”
the gas they contaminated and make huge profits -
these “Big Oil” braincells are good! And guess who is paying for
all the up-front free lunches for this project, yes a gift to
Transvestite-Canada
in the tune of another $billion$, of our money! So when you see Sarah
at a brawl, thank her - but if she is upset, approach with caution!
Look, the way
Trans-Canada has changed focus in the tune of a $350k bonus, it
appears as though this outfit is cross-dressing! That's
the main reason
the “Confidentiality & Secrecy” so far behind this project –
it stinks for Alaska!
And according to
the “Secret Documents”, Alaska will see about $1-Billion each
year in profits, after
paying the out-of-site salaries for those government servants engaged
in this project.
Look, no
employee of this state should be allowed over $500k as a salary, and
should be ashamed of himself for
accepting such a handout!
No public employee servant is worth that much loot. But
I guess keeping things secret has its price tag –
called bribing! So
when it is said and done with this project, it means
pay-back for Alaskans comes in the year...we will never see a full
return! And here is wherein this “Confidentiality” crap proves we
should never entertain such “Secrets” in a state that has a
Constitution that supposedly restricts
this kind of administrative
follies with
respect to “Transparency”.
The “Stranded Gas” is contaminated with CO2 and H2S, from years
and years of recycling down-hole in efforts to produce more oil.
Remember, this is “Big Oil” country, not a gas field of interest
by any stretch of the imagination. So that CO2 and
deadly H2S must be removed, as CO2 is a “Green-House” global
warming gas and
H2S kills on contact. And
this takes a whole lot of effort and extra
energy, so it
creates even more “GH” gas. Now the captured gas with
the CO2 & H2S will
be compressed and sent back into the formation, to keep the oil
production up to standards – remember,
we are dealing with oil companies. And the natural
gas “Reserve”
will continue to
creep upwards in
the percentage of contaminates,
as it doesn't disappear and
nobody has a magic wand to
get rid of it - even though in this “Confidential” and “Sworn
to Secrecy” briefing, the word “magic” appears quite often? So
the gas puking topside with
continued oil development will
be ever increasing with these constituents, C02
and H2S. Right
now, on a normal day in Prudhoe Bay, 7-billion units of gas are
separated from the oil and recovered, re-compressed and sent back
into the dwindling formation, called enhanced recovery. It follows
the squeeze play, with
ceiling gas and
basement water working
together to promote
the recovery of the “valuable resource”, the “Black Gold”. Of
course the additional water causes the H2S bugs to thrive. Now when
this “Supernova Project” becomes a reality, 3.5-billion units
will be subtracted from the recovery efforts and sent to ASIA, to
non-FTA nations that have no labor laws and don't give a rat's ass
about environmental pollution. Hey, we didn't
give a rat's ass either in the beginning, so we must give them a
break – and that will come in the gas purchase contracts, with
cheap natural gas by
the boatloads –
cheaper then what it costs in the lower-48! Remember, we Alaskans are
paying for this heap of
pipe. Now of
those 3.5-billion units earmarked as “Exports”, the “point 5”
equates to 500-million units of CO2? In comparison, the entire state
of Alaska would
use about
350-million units of
“cleaned” natural gas to heat our homes, boil water and allow
powering up “Big Screen” TVs.
Yes, we are talking boatloads also
of CO2,
sequestered
and returned to the formation, as
you can't sell pollution. Wherein the
solution to dilution
is pollution, as
over time this CO2 content will get to a point wherein it is no
longer economically
feasible to
extract
– that comes about in the 20th
year of operation this project. Then what, as there will still be
about half the natural gas still stranded? So there comes a point in
time of diminishing returns, based on the economics of
scale and
limitation of processing
equipment. And
in the end, this project will cause the greatest law suit ever of
record to be
filed in the
U.S. District Courts –
as “Stranded” will then take on a nasty disposition. Honestly
kids graduating from college “Juris
Prudence Doctorate” will
make a career on this litigation, as
unless the technologies
can economically recoup that high
CO2 & H2S content gas
and treat it for
consumer use, we
will be screwed. And I can hear it now, the attorneys for the
defendants saying, “well you should not have kept it a secret” as
a defense, that those working under Parnell were derelict in their
conviction to uphold the Alaska Constitution. In
the end, Alaska will get screwed as we have learned the
hard way over
35-years in the
making, it is
tough litigating against “Big Oil”. And
this “Secret”
deal will most likely have an indemnification clause, allowing “Big
Oil” to be held harmless any action or
inaction that may stem from this project and the
“unknowns”.
The reason we should not be in bed with “Big Oil” on this
expensive and “iffy” project. Bottom-line,
the only feasible project that would benefit “All” Alaskans and
utilize “OUR” gas is too build efficient electrical generating
plants and a state-wide redundant electrical
distribution grid, as
our homes and businesses are already “wired” - we just need more
“low-cost” electricity, who cares where it comes from. One
thing that did come out of Parnell's
secrecy, the fact
that there exists a beneficial 15% gain in efficiency, when gas
turbines work against the Arctic's
cold air environment.
So why are we
not looking at that, for future energy needs? Even
though a project
designed to construct new
power plants located in Prudhoe Bay would be expensive, it could burn
the contaminated gas as is, with offsets for reducing our reliance on
coal and liquid hydrocarbon fuels and thus fall into the “Carbon
Credits” scenario. So
this is where we need to focus our attention, not with “Exporting”
our resources. At
the same time, a small scale LNG facility
could be demonstrated to provide a
“clean”
liquid fuel source
for the villages, through a coast based transport infrastructure.
Look, from
Prudhoe Bay, we have access to many coastal villages, and with the
ice disappearing...Sure
we could do it, as we have over $53-billion at our disposal, for
projects that benefit Alaskans over “Big Oil”. Yes, we have
realized over 35-years wherein that “Reserve” was secure, now
though it appears to be vulnerable. If
that be the case, which
appears to be what is behind Parnell's “Secret”, let's
use it to our advantage, to power Alaska and say the hell with those
wanting to “Export” -
as that is just
a secret way to “Export” the inheritance that should be reserved
for our future generations to come. This “Big Bang” project
envisioned by Palin and carried on by Parnell, it is NOT the answer
for anything that follows common sense – and maybe that is why such
“Secrecy” has been our worst nightmare. This project should be
stopped in its
tracks, and
maybe Walker will see what was behind Parnell's
dream, which amounts
to NOTHING gained accept
favoritism to outside interests!
Remember, it's
“OUR” gas, “OUR” land and eminent domain rules. And get this,
the amount of natural gas taken “Only” for in-state use, it is
meaningless – so would not affect oil production. To think we need
an “Export” project, it is just WRONG! It is time to say NO to
Palin & Parnell's “Pipe Dream”! It is time to say NO MORE!
Hopefully Bill Walker sees the light and does what is best for “All”
Alaskans.....
