The Alaska Pipeline Project is one of the newest initiatives in Alaska. The Alaska Pipeline Project features the combined work of TransCanada and ExxonMobil. The aim of the project is to deliver a new source of clean energy to the U.S. and abroad. Through this project, the state of Alaska hopes to unveil a rich vein of natural oil and gas.

The project has built valuable ties between the U.S. government and Canada. Together, these two countries hope to prosper on an international scale. For each country, the initiative has created unprecedented career opportunities for workers. Workers now have the opportunity to do everything from drilling to serving as a lead engineer on the project.

The long-term supplies of natural gas the Alaska Pipeline project yields will serve Canada and the United States for years to come. While alternative sources of energy are becoming popular, many countries still depend on the use of natural oil for sustenance. Car drivers can get by on no other form of energy in many countries. Until alternative sources of energy are fully developed, the need for natural gas will increase on a daily basis.

The pipeline that will be developed is located in the North Slope. The project has received its license under the Alaska Gasline Inducement Act. The project has received various bids from shippers, which displays its ability to become highly successful. Experts anticipate the project will be very profitable for the United States and Canada.

Each business involved with this initiative has extensive experience in drilling and selling natural gas. TransCanada has maintained and drilled over 37,000 pipelines. TransCanada also delivers over 20% of all natural gas in the United States on a daily basis. ExxonMobil has invested in completing a research study on the pipeline that is worth over $125 million. These companies are anticipated to work well with each other on the Alaska Pipeline project.