Logistics & Politics make AK’s oil industry unique. API ads in Presidential Debate

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OIL What makes Alaska’s oil industry unique?Darren Prokop, American Shipper, August 31, 2020 Two words: logistics and politics. These make Alaska’s oil industry unique. It is the longest domestic supply chain in the industry. Alaska’s North Slope is the nation’s most remote and coldest source of crude oil. This environment requires customized equipment able to handle months of subzero temperatures.  … read more

Norway, Russia, Angola considering tax incentives for oil; A2A Presidential permit.

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News of the Day: Trump to approve $22B railway between Alaska and AlbertaEye on the Arctic, September 28, 2020 U.S. President Donald Trump says he will grant approval to a $22-billion freight rail project connecting Alaska and Alberta.  The president tweeted Friday that based on the recommendations of Alaska Senator Dan Sullivan and Congressman Don Young, he will be issuing … read more

Survey says: Biden bad for industry. European lenders invest in Arctic.

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OIL OIL EXECUTIVES FORECAST PEAK DEMAND, FEAR BIDEN WILL MAKE IT WORSE: Most executives (66%) from 154 oil and gas companies polled by the Dallas Fed said they believe U.S. oil production has peaked, according to a survey  released Wednesday. In comments attached to the survey, oil executives from companies active in Texas, New Mexico, and Louisiana, expressed alarm about … read more