What Is With The North Slope Borough? Then, A Canadian Indian Reserve Threatens to Bar Pipelines. And…OCS World’s Largest Buoy!
Petroleum News Alaska, By Alan Bailey (NGP Photo). Sen. Lisa Murkowski, R-Alaska, has introduced the Domestic Energy Security Act of 2009, a bill that would grant coastal states a 37.5 percent stake in all rents, royalties and bonuses from oil and gas activities on the federal outer continental shelf. In Alaska, the state would receive 47 percent of these revenue sharing funds and Alaska Native regional and village corporations would share 33 percent of the funds, while 20 percent of the funds would go to coastal borough and community governments. The North [...]