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 […]
The oil and gas extraction method known as hydraulic fracturing, or fracking, could potentially contribute more pollutants to groundwater than past research has suggested, according to a new study in ACS’ journal Environmental Science & Technology. Scientists are reporting that when spilled or deliberately applied to land, waste fluids from fracking are likely picking up tiny […]
On Friday, the Alyeska Pipeline will shut down for as long as 24 hours says the company. The shut-down is necessary for what is called major maintenance, and will include the first pump station, Pump Station 1 in Prudhoe Bay. The company also plans on doing routine tests on the pipeline’s valves from Atigun Pass […]