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The order, titled "Unleashing Alaska's Extraordinary Resource Potential," seeks to open to oil and gas drilling an area of the Arctic National Wildlife Refuge that is considered sacred to the ...
"The opening of ANWR is projected to have its largest oil price reduction impacts as follows: a reduction in low-sulfur, light crude oil prices of $0.41 per barrel (2006 dollars) in 2026 for the low oil resource case, $0.75 per barrel in 2025 for the mean oil resource case, and $1.44 per barrel in 2027 for the high oil resource case, relative ...
Prudhoe Bay on Alaska's North Slope is the highest yielding oil field in the United States and on North America, typically producing about 400,000 barrels per day (64,000 m 3 /d). The Trans-Alaska Pipeline can pump up to 2.1 million barrels (330,000 m 3 ) of crude oil per day, more than any other crude oil pipeline in the United States.
The major owner of the company is Hilcorp with 46.93% of the shares dating from the acquisition of BP.The other group members are ConocoPhillips Transportation (shares formerly owned by ARCO and acquired by Phillips during its acquisition of ARCO Alaska as part of the settlement between BP and the FTC [4]) (28.29%), ExxonMobil (20.34%), Koch Alaska Pipeline Company (3.08%), and Unocal (1.36%).
The Biden administration issued a long-awaited study Wednesday that recommends allowing a major oil development on Alaska's North Slope, and the move — while not final — drew immediate anger ...
Prudhoe Bay Oil Field is a large oil field on Alaska's North Slope. It is the largest oil field in North America, covering 213,543 acres (86,418 ha) and originally contained approximately 25 billion barrels (4.0 × 10 9 m 3 ) of oil. [ 1 ]