The Trans Alaska Pipeline Coins were the brainchild of Mac Turney who, during the 1960’s and 1970’s, lived in Fairbanks and who has been back and forth between Alaska and the Lower 48 several times. Mac and his wife Monica currently own businesses and properties in Alaska and they are pursuing yet another venture that will be good for all Alaskans by creating jobs and by bringing hundreds of visitors to Alaska each year.
The Trans Alaskan Pipeline had been on the drawing board since the 60’s and the initial estimate to construct it was only around nine hundred million dollars but after years of bureaucratic haggling and court litigation it was finally getting started in 1974 with a cost that ended up being eight times the initial estimate – over $8,000,000,000.00.
First Alaska Oil
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