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Drones over U.S. may pose security risks
ANCHORAGE, Alaska, Jan. 30 (UPI) -- The Canadian pipeline company TransCanada Corp. said in filed documents the cost of its proposed Alaska North Slope pipeline will be more than expected.
The company said in documents filed with regulators Friday the final cost of the natural gas pipeline in Alaska could reach $41 billion, nearly twice what was initially expected, the Anchorage (Alaska) Daily News reported Saturday.
TransCanada said in Friday's documents the pipeline will result in reduced gas shipment charges for oil producers like Conoco Phillips and Exxon Mobil.
The company said it has offered to lower producers' shipment costs by $500 million a year for 25 years, a possible total savings of $12.5 billion.
TransCanada officials say despite the expected increase in the project's final cost, the pipeline could begin delivering gas in 2020.
The Daily News said the project has been deemed a critical addition to Alaska's economy by some state officials.
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WASHINGTON, Feb. 10 (UPI) --
The White House needs to come clean on bankrupt solar energy company Solyndra to ensure such "gross incompetence" won't happen again, a lawmaker said.
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ISLAMABAD, Pakistan, Feb. 10 (UPI) --
The last three of 18 new and upgraded F-16 fighter jets from the United States arrived in Pakistan, a report by the Indo-Asian News Service said.
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For the first time since the condo crash of 2007, Florida median existing condo prices came roaring back 2011, rising by a hefty 5 percent on a quarter-to-quarter basis....
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Government officials are on the verge of an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses by lenders.
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