Alaska Journal | Oil prices are through the roof. Here's why job numbers in the Alaska oil patch are not.
Oil prices in Alaska have surged to their highest levels in a decade.
Source: alaskajournal.com
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Alaska Journal | War in Ukraine propels the price of Alaska oil past other benchmarks
While the cost of one is most certainly not worth the other, Russia’s invasion of Ukraine is proving to be an indirect windfall for Alaska’s treasury. Alaska North Slope crude oil traded for $115.14 per barrel on April 14, according to state Department of Revenue officials. That same day, oil indexed to the Brent benchmark sold for an average of $111.70. A premium of $3.43 per
Source: alaskajournal.com
Alaska Journal | Interior Department report seeks more revenue from oil and gas on federal land
A brief but anticipated report from Interior Department leaders largely concludes the government is not charging enough for oil and gas produced from federal territory. Industry representatives said the report is the latest in a series of confusing messages from the Biden administration regarding energy policy. Alaska-based oil and gas analysts noted the administration did not
Source: alaskajournal.com