I testified Monday (February 4) before the Senate Resources Committee on “Alaska’s Oil Resources: Economic Challenges & Opportunities.” The purpose of the hearing was to put the development of Alaska’s oil in a global context and, from that perspective, identify the oil & gas opportunities that Alaska has going forward and the challenges it faces in attracting the investment necessary to achieve those opportunities.
After an introduction, the presentation was divided into three areas:
- “Understanding the global oil & gas industry;”
- “What is happening in Alaska – and why;” and
- “Where do we go from here.” Continue reading