In a recent order, the Alaska Oil and Gas Conservation Commission says BP “has no evidence that permafrost subsidence will not result in sudden catastrophic failure” at some of the company’s Prudhoe Bay wells.
Energy & Mining
Federal agency delays final environmental review of Alaska’s gasline project
The Federal Energy Regulatory Commission attributed the delay to the state’s gasline corporation.
Alaska’s oil production future could be bright, but it’s also unpredictable
Oil from new fields could boost the state’s production, but predicting when they’ll come online — and how much money the state will bring in — is tricky.
Dunleavy fires head of state oil and gas watchdog agency
In a letter sent Tuesday, the governor informed Hollis French he is “immediately” being removed from his position as chair of the Alaska Oil and Gas Conservation Commission.
Dunleavy opens door to megaprojects with administrative order
Dunleavy spokesman Matt Shuckerow says the change doesn’t mean the governor is making any of the projects a priority, but it sends a message.
Plan to eliminate Power Cost Equalization Fund meets resistance
Senators reviewing Gov. Michael Dunleavy’s budget proposal say there’s value in keeping a fund that’s intended to equalize the cost of supplying power to rural Alaska.