Every minute of the day, while high-paid attorneys and accountants pepper each other and regulators with obscure and sometimes ridiculous legal arguments, the state treasury loses another $400 in excess trans-Alaska pipeline system shipping charges, or tariffs.
...think the issue of future liabilities would be the main issue in these kind of negotiations," said Victor Shum, an oil and gas analyst at energy consultants Purvin & Gertz in Singapore. "Valuations are likely to be far more significant, in my view...
"I promised that we would protect this beautiful environment while safely and ethically developing resources, and we did. We built a petroleum oversight office and a subcabinet to study climate conditions," former Gov. Sarah Palin proclaimed at her farewell address in Fairbanks July 26.
Everybody knows that throwing good money after bad isn't smart, but state bureaucracy seems to operate on different rules.
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