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Second major oil company abandons Arctic exploration

...offshore development in the Chukchi," and that Statoil's decision is a sign that Alaska needs to develop onshore oil resources - including the coastal plain of the Arctic National Wildlife Refuge."This is extremely bad news for our state...
My Turn: Alaskan can safely exit the Arctic oil rapids

...between the U.S. and Canada. Interesting, Russia, Greenland, and Norway account for 63 percent of the total Arctic oil resources with the remaining 37 percent split between the U.S. and Canada (Figure 1). The U.S. Energy Information Administration...
My Turn: It's not what leaders do, but what we do

...own little revolution. We are going to figure out how to maintain our economy without nearly total dependence on our oil resources.Our success, I submit, depends mostly on our disgruntled peoples selecting leaders through the social-political...
My Turn: The Shell Game

...there is tremendous benefit derived from economic activity generated from exploration and development of this new oil resource. Getting additional oil into TAPS is also important because of potential problems caused by declining input. More...
My Turn: SB 21 raiding Alaska's savings

...magnitude under current oil prices.SB 21 is giving oil resources away to the developers at no net benefit to the people...all but guarantees that our undeveloped North Slope oil resources will have a negative present value to the state of Alaska...
My Turn: The hard truth about our oil revenue

...first time in state history, we are making less than zero from a tax meant to compensate Alaska for the taking of its oil resources. How is this situation possible? The Alaska Department of Revenue projects the state will pay $625 million to producers...
My Turn: Gov. Parnell should seek long-term oil production increases

...deciding whether SB21 is in Alaska's best interests, we need to ask whether we are getting the best price for our oil resource while also encouraging its maximum development.The "Vote Yes" effort has asserted SB21 is a multi-billion dollar...
My Turn: Repeal SB21, bring back ACES

...reveal nothing about the effectiveness of SB 21 to change industry's investment behavior and develop Alaska's oil resources.A yes vote will reinstate the ACES tax system that SB 21 was purported to "reform." ACES was all about investment...
My Turn: Alaskans can't fully trust Big Oil

...Bay. Alaskans were certainly no dummies. We knew where the oil was and how valuable it was, so Prudhoe Bay and its oil resources became ours.We are foolish to give away (for so little) the resources we own. There is an old American saying...
Slope drilling reached record level in 2014 a potential north-end Prudhoe Bay development that could see another 30 wells and 55 million barrels of new oil resources.While drill rigs do different kinds of work on wells in the field including maintenance, their main function is...


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