The Valdez Star - Serving Prince William Sound and Copper River Basin

By VALDEZ STAR STAFF
Associated Press 

News Briefs

 

Valdez Star photo

The Lady Buccaneers took a victory lap around town atop a fire truck Monday afternoon in celebration of winning the state volleyball title last month.

Pool reopens

The pool at Valdez High School reopened this week according to the city's public information officer.

"The Swimming Pool will re-open with normal operations starting tomorrow," Allie Hendrickson said in an email Monday afternoon.

"Swim Lessons will begin again tomorrow and will be extended one extra week to make up for missed lessons last week. We appreciate the community's patience and understanding."

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Farce at VHS

The public is invited to attend a live performance of See How They Run, an English comedy by playwright Philip King.

The Valdez High School Drama Department says performances will come to the stage at the Valdez Civic Center this Friday and Saturday at 7 p.m. Tickets are $5. Director Becky Walker says it is a "fast-paced, fun play" and is sure to be a good time for any age.

Buyout complete

The state of Alaska has completed its acquisition of TransCanada Corp.'s interest in a major gas project.

Gov. Bill Walker, in a release, called it an historic day.

Legislators earlier this month approved funding for the state to buy out the Canadian pipeline company's interest in the project, giving the state a greater stake.

The governor's office says Natural Resources Commissioner Mark Myers finalized the termination of the agreement that established TransCanada's participation in the project, and the state paid the termination amount, totaling about $64.6 million.

TransCanada has transferred its interests in the project to the state-sanctioned Alaska Gasline Development Corp., Walker's office said.

TAPS fees

Valdez Star file photo

Thompson Pass was closed due to severe weather for several hours on Thanksgiving.

A federal agency has barred the oil company owners of the trans-Alaska pipeline from charging higher fees for moving oil after they mismanaged a project that lasted years longer and cost millions more than anticipated.

The Alaska Dispatch News reported that the Federal Energy Regulatory Commission issued its decision last week, saying the project to update four pump stations and control systems along the 800-mile line, known as Strategic Reconfigurations, was "imprudently" managed.

The pipeline's oil company owners, including BP, ConocoPhillips and ExxonMobile are expected to collect at least $1.5 billion less in rates in future decades.

The lower rates, estimated at 20 percent, will be a benefit to the state, bringing in about $500 million in additional revenue.

 

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