Fairbanks says yes to energy utility

By Fairbanks Daily News-Miner

FAIRBANKS (AP) — The Fairbanks City Council has voted in favor of supporting a borough-sponsored energy utility.

The Fairbanks Daily News-Miner (http://is.gd/ELr35V) says the council voted 5-1 Monday to create the Interior Alaska Natural Gas Utility. The mission of the utility is to help bring natural gas from the North Slope to Fairbanks to reduce heating costs in the Interior.

The final obstacle to the creation of the utility is a vote from the Fairbanks North Star Borough Assembly scheduled for Thursday night.

This article appears in the October Issue 1 2012 issue of Alaska Journal of Commerce

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