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Latest Alaska Oil & Gas News

  • Striking Out on Energy 17 May 2008 10:11 GMT
    ... to the Saudis to ask for more oil production in order to bring down world prices. ... kajillions of barrels of oil and natural gas are being completely ignored. Motorists are furious ... and President Bush's idea of drilling in Alaska. That's not good. And make no mistake ...

  • Politicians on peak oil 17 May 2008 10:11 GMT
    ... commuters in Queensland because of looming world oil shortages. The oil shortages would produce the ... to export after 2015. Neither drilling in Alaska, the continental shelf or other ultra-deep-water sites ... increasingly high cost and reduced availability of petroleum. With only 15 minutes remaining until the ...

  • Congress tries to tackle high gas prices 17 May 2008 09:34 GMT
    ... The Senate judiciary committee is summoning top oil company executives and they can expect some ... and they can expect some tough questioning. Alaska Senator Lisa Murkowski says people in one ... additional oil stockpiles for the nation's strategic petroleum reserves and says it won't buy more ...

  • Yes America, there is a viable energy plan 17 May 2008 09:33 GMT
    ... 70,000 barrels a day into the Strategic Petroleum Reserve. (McClatchy-Tribune) The real oil problem is lack of will, due to ... to enforce it. Start producing in the Alaskan National Wildlife Preserve, which has been held ...

  • Local congressman promotes energy independence 17 May 2008 09:09 GMT
    ... the United States from dependence on foreign oil during a stop in Walhalla on Friday. Photo ... Refuge (ANWR) off limits from oil and gas exploration. Barrett said the bill also would ... was $3.63 in South Carolina on Friday. Alaska and Connecticut were the only states averaging ...

  • Bristow Group Announces Quarterly Preferred Dividend 17 May 2008 07:37 GMT
    ... Mexico and the North Sea, and operations in most of the other major offshore oil and gas producing regions of the world, including Alaska, Australia, Mexico, Nigeria, Russia and Trinidad. The Company's Common Stock trades on the New ...

  • Saturday Forum: Writer blast gas tax holiday idea 17 May 2008 06:56 GMT
    ... forces, which is John McCain's choice, the oil companies may simply increase the base cost ... finally extracting sweet crude from ANWR in Alaska would largely lessen dependence on foreign oil ... like this idea, then let them eat petroleum. Following the path of deregulation should let ...

  • Who's to blame for U.S. shortfall in oil production? 17 May 2008 06:16 GMT
    ... estimates, there are 112 billion barrels of oil in the areas that are now placed off limits. ... oil and 232 trillion feet of natural gas. In the Gulf of Mexico there is ... than a million barrels a day from Alaska if not for President Clinton's veto 13 ...

  • Energy relief plan for Alaska 17 May 2008 06:14 GMT
    ... her 1.2 billion dollar plan to reduce Alaskan's pain at the pump. While some are ... the wrong road. As the price of oil continues to rise, the state is raking in ... say reducing Alaska's dependence on oil and gas is the ultimate goal; but it's one ...

  • Fishy business 17 May 2008 05:47 GMT
    ... catch? As you might logically expect. The Alaska Marine Conservation Council (AMCC) says that such ... off Tobago by a Norwegian company called Petroleum Geo-Services (PGS), whose local representative, I understand, ... sea floor, pollution of the water by oil slicks and spills, etc. In an island ...

  • Alaska News Nightly: May 16, 2008 17 May 2008 05:18 GMT
    ... start. Those stories and more on tonight's Alaska News Nightly, broadcast statewide on Individual news ... for the Northeastern  portion of the National Petroleum Reserve Alaska or NPRA. Although the land ... of Bristol Bay out to bid for oil and gas drilling. This week, the agency ...

  • BLM announces leasing plan for northeastern NPRA 17 May 2008 05:18 GMT
    ... Land Management today announced their leasing plan for the Northeastern  portion of the National Petroleum Reserve Alaska or NPRA. Although the land is a designated energy reserve, it also contains wetlands ...

  • Oil Companies Expect Battles Over Polar Bear Listing 17 May 2008 04:40 GMT
    ... Oil Companies Expect Battles Over Polar Bear Listing AFX ... courtroom battles to maintain its stake in Alaska's oil-rich fields now that the Interior Department ... executive director of the Alaska Oil and Gas Association, said she's concerned Wednesday's decision will ...

  • Fishermen gear up for famed Copper River opener blitz 17 May 2008 04:37 GMT
    ... and hubbub await the “official” start of Alaska's 2008 salmon season when reds and kings ... there is a fuel input of natural gas or oil or coal, but there is a lot of inefficiency ...

  • Oil reserve vote hurts America 17 May 2008 04:36 GMT
    ... the daily shipments of 70,000 barrels of oil into the government's emergency reserve. On the ... ships 70,000 a day to the Strategic Petroleum Reserve, a supply to be used during ... decisions about drilling in protected areas like Alaska's Arctic National Wildlife Refuge. Unfortunately, few want ...

  • Alaska Pumps First to Average $4 a Gallon 17 May 2008 04:36 GMT
    ... Alaska Pumps First to Average $4 a Gallon ... a daily gasoline price report, told Reuters. "Oil prices recently brushed against $127 per barrel ... fallen by 1 percent in 2008. The Petroleum Marketers Association of America said this marks ...

  • Polar Bears: Protected, but Not Safe 17 May 2008 04:35 GMT
    ... consensus connecting the rise in man-made greenhouse gas emissions to rapid warming in the Arctic, ... would require no additional protection from increasing oil and gas exploration in the Arctic, noting that it ... somewhere far from the bears' habitat in Alaska could hypothetically come under review because the ...

  • Upset about gas prices? 17 May 2008 03:15 GMT
    ... than it cost a year ago. Credit crude-oil prices for the gains: Petroleum, a key ingredient in fuel, traded at ... fields along U.S. coasts and in the Alaskan National Wildlife Refuge, opening fresh supply fronts ...

  • Governor Unveils Plan to Return Surplus to Resource Owners 17 May 2008 02:37 GMT
    ... Thursday Alaska Governor Sarah Palin unveiled a short-term energy ... for these long-term fixes, but as crude oil prices continue to set daily records, Alaska's families, ... vendors, such as heating oil distributors, natural gas utilities, electric utilities, gas stations and other ...

  • Alaska oil lease sale plan protects Teshekpuk Lake, could still yield 3B barrels of oil 17 May 2008 01:30 GMT
    ... of Land Management to proceed with an oil and gas lease sale later this year," ... of the state's oil companies. Eleanor Huffines, Alaska regional director for The Wilderness Society, said ... and gas development," she said. The National Petroleum Reserve-Alaska sits on federal land that is ...

  • Federal polar bear listing could face court battles 17 May 2008 01:30 GMT
    ... Jason Moore Thursday, May 15, 2008 ANCHORAGE, Alaska -- After a day of poring over ... sides, including fear that it could impact oil and gas development and disappointment it doesn't call for ...

  • Venezuela 17 May 2008 01:30 GMT
    ... their bagmen. The Venezuelan leader's charisma and oil revenues are crucial, as supporters see it, to ... been thumpingly elected to another six-year term. Oil prices were soaring, flooding Venezuela's coffers with an ... to the poor in Africa, the Caribbean, Alaska, the Bronx and even London. He was ...

  • Interior Department to hold Alaska oil lease sale 17 May 2008 01:27 GMT
    ... area could hold 3 billion barrels of oil. Friday's decision also includes a plan that sets ... Lake and its islands to oil and gas leasing. Another 430,000 acres north and east ... of the state's oil companies. Eleanor Huffines, Alaska regional director for The Wilderness Society, said ...

  • Can the Euro Extend its Gains 17 May 2008 00:57 GMT
    ... hit a 28 year low as rising gas prices and tight credit markets hurts their ... AAA, gas is the most expensive in Alaska followed by Connecticut, with the average price ... month as Saudi Arabia pledges to boost oil production in June. After having cut interest rates ...

  • Feds plan to hold NPR-A lease sale, protect Teshekpuk Lake 17 May 2008 00:56 GMT
    ... JUNEAU, Alaska (AP) -- The Interior Department said Friday ... it's ready to move forward with an oil and gas lease sale covering nearly 4 ... nearly 4 million acres in the National Petroleum Reserve-Alaska. But the Bureau of Land Management's ...


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