On Tuesday, in a video posted online, President Obama announced his plan to designate Bristol Bay as off-limits to oil and gas leasing. With this decision, Obama has safeguarded the rich fishing waters in the south Bering Sea that provides the country with 40% of the wild-caught seafood and provides a $2 billion a year […]
After reading Carey Restino’s piece published in the Arctic Sounder and then the response to her article by Rex Rock, I felt compelled to add to the mix. Rock wrote in his rebuttal to Restino’s story that “Shell estimates that suspension of drilling activities, mobilization, mooring, drilling a relief well and killing the flow using […]
CHICAGO—With the price of oil now less than $80 a barrel, motorists throughout the United States are benefiting from gas prices below $3 a gallon. However, the decreasing price of gas has a downside for the hydraulic fracturing industry in the United States. North Dakota’s economy is on fire, thanks to developments in technology that […]
A standing room only crowd watched Senator Bill Wielechowski and long-time Alaska economist Gregg Erickson easily win the oil tax debate last night, hosted by Alaska Common Ground at the Wilda Marston Theatre in the Loussac Library. Senator Wielechowski and Mr. Erickson repeatedly pointed out that under ACES, Alaska saw record oil investment, record numbers of […]