Dissecting Alaska's Oil And Gas Dilemma

Law360, New York (April 1, 2013, 11:49 AM EDT) -- For nearly half a century, the heating and power requirements for Anchorage, Alaska, and adjacent communities have been met by gas produced in nearby Cook Inlet. However, the aging fields in the Inlet are nearing exhaustion, and for unrelated reasons, the home heating oil that has been used in the state’s second largest city, Fairbanks, is also becoming dramatically scarcer.

Policymakers are concerned about how these sources will be replaced to provide heat and power for nearly half a million people, and although a number of...
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