1. NATURAL GAS:
Focus turns to financing as energy giants release road map for pipeline 'mega-project'
A consortium of energy industry companies is moving forward with preliminary plans for an 800-mile natural gas pipeline in Alaska, despite estimates that the project's price tag could range from $45 billion to possibly more than $65 billion. In a letter to Gov. Sean Parnell (R), executives from three oil companies and a Canadian pipeline firm emphasized that they need more favorable financial ground rules for producing energy in the state before they can build the expensive pipeline.