Tuesday, January 17, 2006

To Take Oil & Gas Reserves?

KTVA - Local:
"According to the Associated Press, six bills have already been filed by Alaska lawmakers in response to last year's U.S. Supreme Court decision on eminent domain. But just one suggests keeping eminent domain to force development of the state's oil and gas reserves.

Representative Eric Croft (an Anchorage Democrat) says taking leases back from non-producing oil companies would benefit Alaska's citizens. Croft, who is running for governor, says he wrote the bill with the untapped gas fields of Point Thomson and the unrealized North Slope natural gas pipeline in mind."

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