With the exception of Mar-Su area, much of AK has been held back by high energy costs. Lower priced, cleaner burning natural gas made available by a state owned pipeline would benefit many of our citizens through lower energy prices, increased economic activity and cleaner air. 
To those who say it's not economically feasible, I say you are looking at it from the perspective of big oil. A state owned line does not need to turn a profit, it only needs to cover costs. That makes NS gas much more competitive on the international market.
In short, a state owned gas line would benefit much of the state, could provide the state w additional revenue and could pay for itself.