News of the Day: The U.S. heavy-duty Coast Guard icebreaker Polar Star will make a winter voyage to Arctic Alaska OIL Exxon denies Trump called CEO for money. But Big Oil is donating way more to Trump than BidenMatt Egan, CNN, October 20, 2020 President Donald Trump is a fierce backer of the fossil fuels industry. And that support is … read more
The state of Alaska made several decisions 40 years ago that made sense then but not now: They decided oil could pay 90% of the budget despite what happens to production and price. They decided we needed no broad-based tax. They decided they could pay dividends out of Permanent Fund earnings. They decided those earnings would not be needed for … read more
OIL Cook Inlet oil activity slows in response to continuing low pricesElwood Brehmer, Alaska Journal of Commerce, October 15, 2020 Glacier Oil and Gas leaders are asking state regulators to let them shut in two West Cook Inlet oil projects indefinitely as oil prices continue to hover about 30 percent below pre-pandemic levels. The Anchorage-based independent wants to put facilities … read more
