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OPEC not planning to replace Iraqi shortfall; Iran moderates stance

LONDON -- OPEC has no plans to pump more oil to replace...group's top official said Wednesday. OPEC Secretary-general Ali Rodriguez defended...supervision of the United Nations. Iraq is OPEC's third-largest producer but doesn't...

http://www.peninsulaclarion.com/stories/041102/bus_041102new5000001.shtml
Business
Alaskans should demand fair oil value

In 1974, Saudi Arabia established "OPEC terms," a tax equaling 85 percent of...oil companies received from the sale of OPEC oil, plus a 20 percent royalty. (Royalty...out-produced Kuwait. Since the introduction of OPEC terms, Kuwait has amassed a permanent...

http://www.peninsulaclarion.com/stories/041402/ope_041402ope0040001.shtml
Opinion
Metcalfe plan would have oil companies fill budget gap

...companies producing oil here make too large a profit on it. He says OPEC countries take a far larger tax bite out of the industry...state House candidate Larry Wood said Metcalfe is right about OPEC getting a better deal. ''These are literally colonial economics...

http://www.peninsulaclarion.com/stories/100102/ala_100102ala0030001.shtml
Reader: What are the ?powers that be? doing?

...enough to tell the northern Canadian oil folks that the nearest port for their enormous oil deposits (now estimated as large as OPEC) exist in Valdez via the trans-Alaska oil pipeline. Maybe they won?t have to build an oil pipeline any further than Prudhoe...

http://www.peninsulaclarion.com/stories/041007/letters_20070410003.shtml
Letters
Stevens says new merger agreement could save jobs

...the current price of petroleum and its effects. Stevens said the U.S. Department of Energy secretary should not be visiting OPEC countries requesting that they put more petroleum on the market and increasing the country's dependence on foreign oil...

http://www.peninsulaclarion.com/stories/031700/ala_031700ala024.shtml
alaska
Condon: State revenue picture improves a bit

...The forecast assumes the state's general fund spending will remain steady at $2.5 billion. It also assumes that non-OPEC production will continue to grow and world oil prices will gradually decline. North Slope Crude delivered to West Coast markets...

http://www.peninsulaclarion.com/stories/041502/ala_041502alapm0020001.shtml
Alaska
Setting the record straight on America's oil

...facilitate the deployment of alternatives. A firm commitment to greater production and lower consumption would also send a message to OPEC that the United States will no longer tolerate high oil prices. It's time to acknowledge how much oil America really has...

http://www.peninsulaclarion.com/stories/042511/ope_819804717.shtml
Opinion
What's really at stake?: A chance to share energy expertise with Washington, D.C.

...billion barrels of oil and 420 trillion cubic feet of natural gas. That amounts to enough energy to replace 50 years worth of OPEC oil -- nothing to sneeze at. Unfortunately, those resources are off limits in most areas offshore, thanks to the remnants...

http://www.peninsulaclarion.com/stories/042209/ope_289170976.shtml
No action this year on energy bill, including ANWR

...the end of the year, especially in view of the fact that we see now continuing uncertainty about what is going to be done by OPEC countries,'' said GOP leader Trent Lott of Mississippi. Republicans have argued that legislation is needed to spur domestic...

http://www.peninsulaclarion.com/stories/112701/ala_112701alapm0070001.shtml
alaska
State expected to use more from savings account than previously thought

...officials are projecting declining oil revenues in future years as more oil is drawn from newer fields that pay lower taxes. If OPEC is successful in tightening supply, prices would rise in the coming years, the department said. But even a sustained average...

http://www.peninsulaclarion.com/stories/120701/ala_120701ala0pm00170001.shtml
alaska

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