I suspect that I know what the answer will be, a year from now. But if Gov. Walker wants to seek out investors to put their (not Alaska's) money at risk, seems reasonable.

What I don't understand is the statement that the gas belongs to the oil companies. As I understand it, the oil company leases grant them the right to explore for and produce oil and gas, not to warehouse them and lock them in the ground. Until it's produced, doesn't the stuff in the ground belong to Alaska? I can see how, if their infrastructure is used, that the oil companies would have a right to charge a tariff for its use, but I don't see how they own the gas.

But then, again, I also don't know how they get away with stuffing the legislature with employees who write and lobby legislation giving away the farm - that would be Alaska's oil - to their employers.