Today’s Key Takeaways:  12 orphaned wells for Alaska to plug and remediate with $42 million from the feds. BLM accidentally posted a proposed increase in oil royalty rates – from 12.5% to 18.75%. The U.S. is becoming more reliant on mineral imports. Alaska legislators are cautious about relying on high oil prices. NEWS OF THE DAY: Orphan well programs take … read more

Today’s Key Takeaways:  Read the fine print in the new infrastructure bill – bureaucrats are making it more difficult to build new highways. AKLNG project improvements have reduced cost of supply 43%, which competitively positions Alaska LNG ahead of U.S. Gulf Coast LNG projects. Key democrats agree that when it comes to climate change legislation “Manchin should have the pen, … read more

Clean energy surge won’t meet net-zero goalsBenjamin Storrow, CLIMATEWIRE, January 28, 2022 But as the world moves to adopt cleaner technologies, it is consuming more fossil fuels than ever. Global clean energy spending surged by 27 percent in 2021, according to a report released yesterday by BloombergNEF. But the analysis says such investments must triple over the next three years to put … read more