It’s still too early to know if petroleum even exists in the refuge in commercially-viable quantities. But if it’s found, Kaktovik’s residents are simultaneously positioned to be among the biggest beneficiaries, and to experience some of the biggest disruptions.
Most of those who showed up for a Bureau of Land Management meeting in Fairbanks opposed the plan to open ANWR. They said it would disrupt caribou calving season and harm subsistence, culture and environment.
Alaska’s Oil and Gas division is releasing valuable oil exploration data from leases on the North Slope and Cook Inlet.
Norwegian oil company Statoil said Tuesday it will end exploration efforts in the Chukchi Sea and close its Anchorage office.
The letter covers a lot of ground — outlining the need to develop a deep-draft port above the Arctic Circle and advocating sharing federal revenue from offshore oil drilling with local residents.
The first changes have been made to Gov. Sean Parnell’s oil tax proposal.