Today Shell announced it was suspending its 2013 exploration program.  That slides the possibility of new production from Alaska's OCS forward at least another year and puts new pressure on the Alaska Legislature to enhance the attractiveness of oil investments into existing legacy fields.  From legacy fields, with the correct government policies, new production can come relatively quickly--at least, compared to greenfield exploration in non producing areas of the Arctic OCS.  -dh Do Tax and Regulatory Burdens Affect Investment Decisions? ALASKA DISPATCH STORY.  As Alaska lawmakers grapple with whether to [...]