Alaska’s Oil Industry May Be On Its Last Legs ...Middle East

Economy by : (OILPRICE) -
Last week a judge halted the latest Alaskan oil project following a year of disappointment due to the Covid related drop in oil demand and the cancellation of project after project as the green transition takes hold. It’s hard not to be concerned over the future of Alaskan oil. As locals say they need Alaskan oil for jobs and income, Biden and other forces seem insistent on curbing production in the oil-rich region.  Just last week, a U.S. judge rejected approvals for a large oil project on Alaska’s North Slope, already approved…

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