‘Surprising’ Alaska oil-lease sale draws big bids

December 15, 2016

Alaska Dispatch News, Alex DeMarban, December 14, 2016 In the wake of two big oil discoveries in Alaska in the past year, exploration companies brushed aside concerns of low oil prices on Wednesday, bidding heavily on  state and federal lease sales that were some of the largest in years. [Read More]

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Alaska could see economic boost from global oil production cut

December 13, 2016

KTUU, December 12, 2016 Alaska’s oil industry should see some relief from job losses and declining profits. Over the weekend the world’s top crude producers struck an agreement to cut output for 2017. [Read More]

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Obama administration offers parting protections for Alaska waters and tribes

December 12, 2016

Alaska Dispatch News, Erica Martinson, December 10, 2016 The White House announced parting protections for the northern reaches of Alaska’s lands and waters on Friday, closing off more than 40,000 square miles of Bering Strait-area waters to future oil leases and requiring the federal government to set up a system for increasing the input of Native people. […]

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With employment down, Alaska slumps into recession, economist says

December 5, 2016

Fairbanks Daily News Miner, December 3, 2016 Detailed data released Friday shows Alaska employment is down 1.6 percent in the first half of the year, compared with the first half of 2015. [Read More]

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Obama administration bars new oil, gas exploration off Alaska

November 21, 2016

CNBC, Tim Aubry, November 18, 2016 The Obama administration on Friday blocked the sale of new permits to drill oil and gas in the Chukchi and Beaufort Seas off Alaska, in a win for environmental groups that had fought against development in the fragile region. [Read More]

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