The Alaskan Energy for Jobs Act has been announced by the House Natural Resources Committee, which will open up the oil reserve in Alaska’s Arctic National Wildlife Refuge (ANWR). Representative Don Young said that the Act would allow for “future energy production and job creation”. This Act is expected to be included in the recent [...]
Alaska Oil Jobs
The United States Minerals Management Service (USMMS) approved a plan offered by the Royal Dutch Shell Company to start drilling two wells in the Beaufort Sea from July to October 2010. The wells are located on two leases that are 16 and 23 miles off the shore of Point Thomson. Shell had planned various other [...]
A recent year-long study off the coast of Alaska in the Outer Continental Shelf by the University of Alaska Anchorage’s Institute of Social and Economic Research and Northern Economics Inc, has revealed that a new development could create 35 000 jobs throughout the state every year. This Outer Continental Shelf Development will offer much needed [...]
A new tax structure is set for the gas and oil production in Alaska starting in 2010. This change in taxes has been proposed to assist the state in gaining enough revenue from a large diameter natural gas pipeline before space starts being sold for the proposed pipeline, and also to help stabilize the industry, [...]
