It is a title given to masters of the waves of Pipeline. It was first given to Butch Van Artsdalen, and is passed on from generation to generation, by consensus.
The cost of the pipeline from Alaska to Alberta is assumed to be $11.6 billion in 2002 dollars with a 7.5 percent discount rate, based on a study released last year by the owners of the North Slope gas.
While the pipeline is expected to begin operation in 2021 in the reference case, other assumptionsâsuch as those about macroeconomic growth or the pace of technological changeâaffect the wellhead natural gas price and thus, the start date of the pipeline.
Additional interstate pipeline capacity will be required in the lower 48 States to bring Arctic gas to market, as well as to accommodate the growth in consumption over the forecast.
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