March 2014, Vol. 241 No. 3


Alaska: In Search Of An Energy Encore

The first thing to remember in analyzing Alaska is that every man, woman and child who resides there is in the energy business, thanks to a state oil tax-funded special investment fund that pays an average of $1,000 annually to every resident. And the second truism is that engineering, technology and economics are only part of the answer to this bigger-than-life state’s energy future; politics and private investment decisions will make or break that future. It is a future at a crossroads in 2014. To understand where Alaska is going with its still-rich natural resources requires understanding where the state has been, not just since its oil production peaked at the 2.1 MMb

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