Tuesday, April 08, 2008

Boom Town

Looks like it'll be a good time to be working in Alaska.

For years the State has been trying to make the gas pipeline happen. They've even dangled half a billion dollars (some of it's mine) out there to entice the project. Their conditions scared companies off. Way to many strings attached.

The down side of this project is that once the permitting phase is complete (2-3 years (barring legal action)) and the construction starts, it'll consume more steel than the world produces annually. In other words, buy your car(s) in the next year and hope it lasts.