Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
The long-delayed project, which the developer has not yet formally greenlit, would deliver Alaskan gas to Asian markets but take several years to construct.
A natural gas production platform in Cook Inlet in Alaska. A proposed liquefied natural gas facility in the state would help companies move the gas to where there was demand for it.
Login
