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Tuesday, July 14, 2009
Uncertain Future For Alaskan Gas
New technologies to unlock gas from shale deposits from the Lower 48 and declining prices make predictions on Alaska's potential uncertain, analysts say. Technological advancements for the extraction of gas from shale deposits make the resource more attractive. The sagging economy, however, has suppressed energy demand, making commercial extraction questionable for the time being. Meanwhile, Alaska hopes to build an ambitious gas pipeline network from the North Slope to markets in the Lower 48 by 2018.....Complete Story
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Labels:
Alaska,
Crude Oil,
inventories,
North Slope,
Pipeline
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