A barrel of Alaska North Slope crude was about $71 on Monday, $11 less than the week of Thanksgiving.
"Larry Persily"
Global supply shortages are driving up Alaska oil prices
The short supply is being driven largely by COVID-19. When the pandemic first hit in 2020, demand for crude oil collapsed and OPEC scaled back production dramatically.
Environmental regulators to give Alaska LNG pipeline another look
The federal Department of Energy announced last week that it’s ordering a supplemental environmental review of the Alaska LNG project.
A state corporation is still pushing a massive gas line plan in Alaska. Is it a pipe dream?
A state corporation is in the middle of making another push to get a natural gas pipeline built from the North Slope to the Kenai.
Biden immediately slams brakes on oil drilling in Arctic refuge
President Joe Biden imposed a “temporary moratorium” on all oil and gas leasing activities in the Arctic National Wildlife Refuge shortly after taking office on Wednesday, citing the “alleged legal deficiencies underlying the program” and the inadequacy of a required environmental review.
After a year of dramatic lows, Alaska sees modest climb in oil prices
There is still great uncertainty surrounding the pandemic and oil demand, making it impossible to predict what prices will look like in the months ahead.
Arctic Refuge lease sale goes bust, with no bids from major oil companies
One of the Trump administration’s biggest energy initiatives suffered a stunning setback Wednesday, as a decades-long push to drill for oil in Alaska’s Arctic National Wildlife Refuge ended with a lease sale that attracted just three bidders — one of which was the state of Alaska itself.
The Trump administration is moving to sell leases in ANWR, but will anyone show up for a sale?
The Trump administration is close to auctioning off drilling rights for the land in northeast Alaska — potentially just days before President-elect Joe Biden takes office in January. But to what degree will the industry participate?
After plummeting this spring, low oil prices show no signs of rising. What does that mean for Alaska?
As impacts of the COVID-19 pandemic linger around the world, it’s unclear if or when prices will be high again.
Oil prices fell to a historic low Monday. Here’s what that means for Alaska.
While crude prices have continued to plummet in recent weeks, and oil companies have announced spending cuts, Monday’s price meltdown for the Lower 48 benchmark was particularly staggering.