Offshore in Cook Inlet, a 'silent economy' hunts for gas to keep Alaska running Northern Journal helicoptered out to the offshore rig drilling for the increasingly scarce natural gas that powers urban Alaska.
Amid gas crunch, Alaska could revoke leases from a company whose drilling has stalled The Dunleavy administration is threatening to strip Texas-based BlueCrest Energy of oil and gas leases near Anchorage, saying it’s failed to advance development that could delay urban Alaska's impending gas shortage.
Regulators, advocates warn of utility inaction as Alaska gas shortfall looms “The window for making decisions is closing,” said one top regulator. “If things just sort of slide and there’s no leadership, and we’re in the same position 12 months from now, we are looking at a dire, dire, situation. And people should get angry.”
Arctic Bitcoin? Hilcorp, tech firm aim to test North Slope data center A Hilcorp oil field in Alaska’s Arctic is set to host a tech firm that wants to use natural gas-fired power to mine digital currency.