7-19-17 What Do Alaska & Ecuador Have In Common … Besides Our Vacation Home In Cuenca, High In The Andes?

Alaska Oil Production = Ecuador's (+/-) Ecuador, Courtesy: BBC Alaska Petroleum, courtesy USGS Note that while Alaska was once the largest US oil producing state at over 2 million barrels/day, its Trans Alaska Pipeline System  (TAPS) is currently 3/4 empty.  Ecuador, a small OPEC producer taps from its reserves about the same as Alaska now produces, a little over 500k barrels/day. This WALL STREET JOURNAL story attracted the attention of our Mid-Atlantic energy analyst friend in his commentary below, which should interest our US and Canadian [...]