Heavy oil might be the future of Alaska petroleum developmen

December 14, 2009

Fairbanks Daily News Miner

Christopher Eshleman

FAIRBANKS — Seven years ago, Frank Murkowski entered the governor’s office after defeating Fran Ulmer at the polls. The campaign had focused largely on building a long-discussed natural gas pipeline, and energy debate in Alaska since has largely focused on natural gas.

But natural gas is now cheap, with prices holding at seven-year lows. Oil, on the other hand, is twice as expensive as seven years ago.

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