Fracking Comes to the Arctic in a New Alaska Oil Boom

Alaska’s North Slope region, including the National Petroleum Reserve (NPRA), Arctic National Wildlife Refuge (ANWR) and Trans-Alaska Pipeline (TAPS). US Geological Survey/Wikipedia

 

Arctic lands and waters hold irresistible allure for global oil companies. Despite opposition from environmental groups and President Obama’s 2016 ban on drilling in federal Arctic waters, exploration in Alaska has revealed massive new volumes of oil. The Conversation

This comes at a time of low oil prices, when many observers felt the Arctic would remain off limits. Alaska has proved precisely the opposite. Although it has gone largely unnoticed outside the industry, foreign firms are partnering with American companies to pursue these new possibilities. I expect this new wave of Arctic development will help increase US oil production and influence in world oil markets for at least the next several decades. Continue reading

Russia’s Arctic Militarization ‘Disturbing,’ US Lawmakers Say

“When you look at what the Russians are doing in the Arctic, it is actually quite impressive –impressive, but disturbing,” Sen. Dan Sullivan, R-Ala., told military leaders at a recent Senate Armed Services Committee Navy budget hearing.“The Russians are looking at adding four new combat brigades in the Arctic as our U.S. Army is thinking at pulling them out of there,” he said. “I think that would give Vladimir Putin a lot of joy. They are building 13 new airfields and conducting long-range air patrols off the coast of Alaska.”

Sullivan said the U.S. military is ill-advised to consider removing one or two Army Brigade Combat teams from Joint Base Elmendorf-Richardson and Fort Wainwright in Alaska. Continue reading