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Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
The Senate-advanced proposal this year called for designating 75% of oil fund earnings' draws to government and 25% to dividend checks, and bumping that to a 50/50 split if Alaska generated an ...
A map of northern Alaska showing the location of the National Petroleum Reserve-Alaska (NPRA). The National Petroleum Reserve in Alaska (NPRA) is an area of land on the Alaska North Slope owned by the United States federal government and managed by the Department of the Interior, Bureau of Land Management (BLM). [1]
In a report compiled by the government of Alaska, the real GDP of Alaska was $51.1 billion in 2011, $52.9 billion in 2012 and $51.5 billion in 2013.The drop-off that occurred between 2012 and 2013 has been attributed to the decline in the mining sector, specifically the oil and gas sectors, a consequence of declined production.
The Alaska Permanent Fund, which distributes money to Alaska residents annually, could be a model. Challenges include funding sources, legislative hurdles, and state-owned natural resources.
JUNEAU, Alaska (AP) — President Donald Trump's expansive executive order aimed at boosting oil and gas drilling, mining and logging in Alaska is being cheered by state political leaders who see new fossil fuel development as critical to Alaska's economic future and criticized by environmental groups that see the proposals as worrying in the face of a warming climate.
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 ]
Alaska political leaders — including some Democrats — have long pushed to allow oil and gas drilling in the refuge in part because of its economic impact on Indigenous communities in an area ...