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BLM OKs drilling permit in petroleum reserve

...Management announced Thursday that it had approved a drilling permit that would clear the way for the first oil and gas production from federal land in the National Petroleum Reserve-Alaska.The permit is for the Greater Mooses Tooth 1 project...
Paper: Cooperate rather than lead on LNG, having a major gas project will give the state something other than oil as a major revenue source, she said. Gas production will also help support extraction of the remaining oil in the North Slope's producing fields and spur exploration...
State | AK legislature
Drilling boom increases harmful spills

...lose our water," Justin Johnson said, "that ruins our ranch."Their plight illustrates a side effect of oil and gas production that has worsened with the past decade's drilling boom: spills of wastewater that foul the land, kill wildlife...
Nation and World
Drilling OK comes just before Obama's visit

...stem criticism from congressional Republicans and industry officials who have often accused it of hindering oil and gas production on federal lands. At the same time, the go-ahead has upset a key base of his support."It's perplexing and...
My Turn: Why I vetoed $200 million in oil tax credits

...situation.Under Alaska's oil and gas production tax system, an oil and gas company...companies with little to no oil and gas production. Since 2007, the state has repurchased...credits under the current oil and gas production tax system that lower taxpayers...
Gov. Walker pitches TransCanada buyout

...whether to extend its deal with TransCanada, and also finalize a fiscal agreement with North Slope producers covering gas production tax and royalty terms. Negotiations on the fiscal agreement and other pending issues such as a Payment-in-Lieu-of-Taxes...
Study links swarm of quakes in Texas to natural gas drilling

...decreased significantly, so did the shaking.The scientists concluded that removing saltwater from the wells in the gas production process and then injecting that wastewater back underground "represent the most likely cause" for the swarm of quakes...
Not For Web
My Turn: Alaskan can safely exit the Arctic oil rapids

...of oil must maintain a threshold price of $80 and above per barrel. The same study indicates that Arctic oil and gas production will increase significantly if the oil price crosses $130 per barrel taking into account estimated global demand...
Gov. Walker seeks input to balance state budget

...those on fuel, fish or alcohol, don't really general significant new revenue. Increasing state taxes on oil and gas production won't move the needle much, either, Hoffbeck said.Tapping Permanent Fund earningsThe only tool that can be implemented...
State | AK legislature
My Turn: Negotiating the rapids of Arctic, Alaska oil and natural gas reserves

...2040. An ice free land or reduction of hard ice on the high seas will open new opportunities for oil and natural gas production (e.g., from longer exploration seasons) as well as transportation (e.g., from maritime transportation and...


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