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Standing in a hotel ballroom in Anchorage, flanked by labor leaders, nurses, electricians, and other union members, Alaska Gov. Sarah Palin inked legislation to spur what analysts say could be the largest private capital project in U.S. history—the construction of a new pipeline to carry natural gas from Alaska's resource-rich North Slope to the rest of the country.
The price tag for the planned 1,715-mile pipeline is an estimated $26 billion—and it's been a long time in the making. Alaskans have been eyeing their vast natural gas resources and attempting to sell them to buyers for decades.
Source: U.S. News & World Report
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