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HCR 8: Expressing the legislature's opposition to the proposed "northern" or "over-the-top" route for a natural gas pipeline to transport North Slope natural gas reserves to the domestic North American market, and expressing the legislature's support of commercialization of North Slope natural gas for the maximum benefit of the people of the state.

00                    HOUSE CONCURRENT RESOLUTION NO. 8                                                                    
01 Expressing the legislature's opposition to the proposed "northern" or "over-the-top"                                    
02 route for a natural gas pipeline to transport North Slope natural gas reserves to the                                   
03 domestic North American market, and expressing the legislature's support of                                             
04 commercialization of North Slope natural gas for the maximum benefit of the people of                                   
05 the state.                                                                                                              
06 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
07       WHEREAS 35 trillion cubic feet of known natural gas reserves are acknowledged to                                
08 be adherent to oil and gas leases on the North Slope of Alaska, and, additionally, realistic                            
09 estimates of total recoverable gas from the reserves exceed 100 trillion cubic feet; and                                
10       WHEREAS demand for new sources of natural gas supply in North American and                                      
11 Asian markets places Alaska's North Slope natural gas in the unique position of being                                   
12 attractive to both markets; and                                                                                         
13       WHEREAS improved economics, technological advances, and the possibility of                                      
14 public financing of a natural gas pipeline have removed previously perceived barriers to the                            
15 commercialization of Alaska's North Slope natural gas; and                                                              
01       WHEREAS oil and gas leaseholders on Alaska's North Slope continue to develop                                    
02 competing gas projects elsewhere in the world while Alaska gas remains warehoused; and                                  
03       WHEREAS art. VIII, sec. 1, Constitution of the State of Alaska, provides that it is the                         
04 policy of the state to encourage the settlement of its land and the development of its resources                        
05 by making them available for maximum use consistent with the public interest; and                                       
06       WHEREAS art. VIII, sec. 2, Constitution of the State of Alaska, requires the                                    
07 legislature to provide for the utilization, development, and conservation of all natural                                
08 resources belonging to the state, including land and waters, for the maximum benefit of its                             
09 people; and                                                                                                             
10       WHEREAS it is widely recognized that maximum benefit to Alaska from the                                         
11 commercialization of North Slope natural gas lies in maximum market exposure for Alaska                                 
12 North Slope gas reserves, maximum opportunities for in-state use of the natural gas,                                    
13 maximum opportunities for participation by Alaskans in construction, maintenance, and                                   
14 operation of the gas line transportation project, and maximum revenue to the state from the                             
15 development, transport, and sale of Alaska North Slope gas reserves; and                                                
16       WHEREAS the "northern" or "over-the-top" route for the proposed pipeline, running                               
17 east from the North Slope to Canada's Mackenzie River Valley, then south through that valley                            
18 to link to existing pipeline networks, under consideration by the North American Gas Pipeline                           
19 Group, offers none of these benefits;                                                                                   
20       BE IT RESOLVED that the Alaska State Legislature supports the commercialization                                 
21 of Alaska North Slope natural gas for the maximum benefit of the people of the state; and be                            
22 it                                                                                                                      
23       FURTHER RESOLVED that the legislature will exercise every power within its                                      
24 constitutionally required authority to guarantee commercialization of Alaska North Slope                                
25 natural gas for the maximum benefit of the people of the state; and be it                                               
26       FURTHER RESOLVED that the legislature opposes construction of a "northern" or                                   
27 "over-the-top" route for a natural gas pipeline; and be it                                                              
28       FURTHER RESOLVED that the legislature will exercise every power within its                                      
29 authority to prevent the routing of a North Slope natural gas pipeline that bypasses Alaska.