U.S. Reviews Alaska's Oil and Gas Reserves

Source:

"The U.S. must consider a wise approach to tapping into the vast oil and natural gas resources in Alaska, the U.S. interior secretary said."

UPI

The U.S. must consider a wise approach to tapping into the vast oil and natural gas resources in Alaska, the U.S. interior secretary said. Interior Secretary Ken Salazar is visiting Alaska along with Deputy Secretary David Hayes, who is chairman of a high-level working group on energy development onshore and in the Arctic Ocean. They are also reviewing proposed exploration in the Beaufort and Chukchi seas.

U.S. Sen. Lisa Murkowski, R-Alaska, said a recent report on pipelines in Alaska suggested more domestic energy resources are needed, especially from offshore reserves.

Environmental groups say they are worried about the consequences of oil spills in arctic waters, a concern exacerbated by last year's spill in the Gulf of Mexico. . . View full article

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe