A Pipe Dream

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By Ned Zeman

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Did Alaska Gov. Walter Hickel violate the state's ethics law by promoting the sale of arctic natural gas during a trip to Japan and South Korea last month? Hickel has long pushed for the construction of an 800-mile trans-Alaska pipeline to carry gas from the North Slope to Valdez. But a political rival recently filed a conflict-of-interest complaint against Hickel because of his 12 percent interest in Yukon Pacific, founded in 1982 to get the pipeline built. A special prosecutor is now investigating, but Hickel's confident he'll be exonerated. His YP shares are held in a blind trust.

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