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Oil council: Shale won't last, Arctic drilling needed now

...Arctic has the biggest share of oil and gas together, the U.S. and Russia are thought to have about the same amount of crude oil - 35 billion barrels. That's about 5 years' worth of U.S. consumption and 15 years of U.S. imports.The council's...
Oil prices jump almost 5 percent as tensions mount in Yemen

...president to flee.U.S. crude rose $2.22, or 4.5 percent, to close at $51.43 a barrel in New York. U.S. crude oil has jumped 17 percent since hitting a low of $43.96 a barrel a week ago.It was the first time the benchmark U.S...
My Turn: Alaskan can safely exit the Arctic oil rapids the Alyeska Pipeline Service Company estimates low crude oil flow rates through the TAPS below 600,000 barrels per...pipeline corrosion by potential water drop out from crude oil, ice formation, wax precipitation, deposition and displacement...
North Pole Refinery tax assessment cut by more than half

...expecting the assessed value of the refinery to decrease because its owner, Flint Hills Resources Alaska, quit refining crude oil in June. The company continues to use the property as a fuel distribution terminal.The Fairbanks North Star Borough...
North Pole Refinery tax assessment cut by more than half and buildings at less than half of what they were worth last year.Flint Hills Resources Alaska stopped refining crude oil at the plant in June.The Fairbanks Daily News-Miner reported the lower assessment will mean sharply reduced tax revenue...
Responders address cleanup of North Slope spill

ANCHORAGE - Responders have recovered nearly 4,000 gallons of crude oil, water and other fluids from a pipeline leak at a Hillcorp Alaska production site on the North Slope.The Alaska Department of...
My Turn: Protecting Alaska through carbon sculpting

...leaves, natural gas, bio-fuel, crude oil or coal. Forest fires and even volcanoes...some of the sulfur is removed from crude oil (it is called low-sulfur fuel...heat of the Earth were rendered into crude oil and natural gas, and they began...
My Turn: Cracks in the door

...decade-long ban that has governed U.S. crude oil export policy, with minor exceptions...abroad. A U.S. policy of banning crude oil exports that was built to cope during...abundance.The origins of the U.S. crude oil export ban date to the mid-1970s...
My Turn: Fix the budget, but not at the expense of long-term prosperity

...Project will also provide some much needed diversification to our state energy economy that is increasingly dependent on crude oil - which against the backdrop of rapidly declining prices should be an urgent priority.In 2015, we may have a new legislature...
UA Regents to discuss anticipated cuts in funding

...problem even after absorbing a $26 million shortfall for the current fiscal year.State revenue is closely tied to the oil industry and the per-barrel price of Alaska North Slope crude oil has dropped from $80 in November to less than $50.


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