The price of oil fell Monday as the momentum seen at the end of last week faded.
JUNEAU (AP) — The U.S. Bureau of Land Management is not trying to avoid cleaning up abandoned wells in the Alaska Arctic by having them declared historic preservation sites, an agency spokeswoman said March 5.
JUNEAU — The state House passed a land-permit reform bill sought by Gov. Sean Parnell last week, moved an important energy bill from the House Resources Committee to the Finance Committee last week, and held public hearings on the House version of the state operating budget.
There are lots of Alaska mega-projects on the horizon: Watana hydro, the in-state gas pipeline, the Pebble gold/copper mine, and maybe someday the big gas pipeline and liquefied natural gas project.
JUNEAU — U.S. Sen. Mark Begich called for a federal-state partnership to develop ports along Alaska’s Arctic coasts to serve future oil and gas as well as increased general cargo shipping.
The Alaska House has passed a measure that critics say could hurt public participation in state permitting decisions.
An Army Corps of Engineers permit granting ConocoPhillips access to leases within the National Petroleum Reserve- Alaska has been challenged in federal court by seven residents of Nuiqsut, the only village within the reserve.
Alaska’s Oil And Gas Conservation Commission began two days of hearings Thursday on proposed new regulations on hydraulic fracturing. The petroleum industry said they would be among the toughest in the nation, if adopted.
The price of oil dropped sharply for a second day after the government said the number of people seeking unemployment aid in the U.S. reached a four-month high.
The price of oil on Wednesday notched the biggest one-day drop since November, as supplies in the U.S. reached the highest level since July 1990.