Alaska oil fate hinges on tanker routes to Gulf or Atlantic
The Federal Energy Administration says building inland pipeline links from Alaska to the West Coast cannot be ready in time. The only viable options are transporting Alaska oil by tanker to the Gulf or Atlantic coasts or exchanging oil with Japan for Middle East or Indonesian supplies. This swap could boost producer profits by about 182 million dollars annually unless saved for U.S. consumers. A separate Federal Power Commission staff study comments on lower-state energy plans, noting uncertain best routes and potential redirections.
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