...trans-Alaska pipeline is running on empty ? with just one-fourth the oil it used to carry. ? At a time when every other oil province in the nation is booming, Alaska's North Slope is stagnant. ? Investment in new oil production has fallen. Alaskans...
...and production levels. And we know that the investment Alaska needs to stem its production decline is going to other oil provinces where producers can earn a better rate of return. ACES has turned Alaska into an Arctic Iran where producers hesitate...
...greater than the revenue coming in from the pipeline and that puts Alaska in a very vulnerable place. While other oil provinces are booming Alaska's oil production is declining. We don't have a lack of oil in Alaska; we have a lack of investment...
...significant because the company is well-established and has a long history of investing and rejuventating declining oil provinces. Cook Inlet oil production has declined substantially since oil fields in the region were first developed in the 1960s...
...prevented steeper employment declines, the authors said. "Despite its status as Alaska's 'over-the-hill' oil province, the local industry remains an important economic factor, particularly on the central peninsula," Windisch-Cole...
...Alaska Support Industry Alliance and the Anchorage Chamber of Commerce. ''Alaska is now a mature and much smaller oil province,'' he said, noting that oil production today is half what it was in 1988. To compensate, London-based BP has...
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