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Alaska oil daily loss tops 2 million as delays linger
Thomas Barrow of Humble Oil & Refining says environmental concerns have stalled Alaska exploration, costing the oil industry up to 2 million a day. He cites 1.5 billion in invested capital tied up in Alaska for over two years with no return and urges faster energy development, higher natural gas prices, and stronger pollution controls with government, scientists, and citizens' aid.
MENTIONED IN THIS ARTICLE
Humble Oil & Refining Co
Thomas Barrow
Mumble
The
Los Angeles Petroleum Club
Barrow
Alaska
North Slope