Tag: Oil Prices

As Capital Budget Work Begins, A Call For Lower Expectations

The Legislature had already received more than $1 billion in capital requests from communities and organizations. Of those, only health and public safety projects will get priority consideration.

Utilities Team Up to Truck Natural Gas to Fairbanks

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It’s not a pipeline, but a project announced Thursday will get North Slope natural gas to Fairbanks.

Alaska News Nightly: August 4, 2011

Seward Highway Crash Leaves 1 Dead, 14 Injured; Shell Gets Conditional Drilling Approval; Congressional Deal Allows FAA Employees to Return from Furlough; Alaska Hit Hard by Debt Ceiling Agreement; and more...

Obama Releases Oil Due to Supply Disruptions

Thursday morning, the Obama Administration announced it was releasing 30 million barrels of crude oil from the Strategic Petroleum Reserve, and the price of crude on the futures market went down $5 a barrel.