by Ted Land
Monday, May 10, 2010
ANCHORAGE, Alaska -- TransCanada says low gas prices could seriously impact its quest to build a natural gas pipeline out of Alaska.
Company Vice President Tony Palmer says he's keeping a close eye on the unpredictable numbers.
This summer, TransCanada crews will be out gathering field data in anticipation of construction, which the company says could happen five years from now.
Palmer's latest update comes during open season, when gas companies are deciding whether to buy space on a potential TransCanada gas pipeline.
"You won't be surprised to hear that those parties are very sophisticated players. They always wait until the last day or two to submit their bids," Palmer said.