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OPEC not planning to replace Iraqi shortfall; Iran moderates stance

LONDON -- OPEC has no plans to pump more oil to'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...
North Slope crude prices down since July

...of Petroleum Exporting Countries, or OPEC, rose by 413,000 barrels per day in September, the highest level for OPEC in the last year.Significantly, Saudi Arabia, a key producer in the OPEC group, has declined to cut production...
What others say: Whatever you do, don't panic

...Alaska is hurting, sure, but oil prices could go back up as easily as they went down. A crisis somewhere in the world or OPEC changing course at its spring meeting could put prices back where they need to be to keep state government afloat.We don't...
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...
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...
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...
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...
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...
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...
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...


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