May 12, 2013 Costs have ballooned for the long-awaited project to tap Alaska’s vast natural gas reserves in the Arctic, skyrocketing 300 percent in 12 years as the proposal morphed from an overland route bound for the Lower 48 to a dramatically different project to ship liquid natural gas across oceans. The skyrocketing estimates are increasingly important as state officials consider the benefits of joining oil titans such as Exxon Mobil Corp. to become a partner in the ...
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