Keep Alaska Competitive predicts oil production's grim future

 

Historical and forecasted oil production on Alaska’s North Slope.

The Make Alaska Competitive Coalition claims Alaska's oil flow and production are in a slow rate of decline and that if something isn't done to turn things around, difficult financial times could be looming.

“Life in Alaska couldn't be better, there's fishing, mining, tourism, however all is not well,” said coalition spokesman William Corbus. “Expenses are going up … and the production of oil is at a precipitous stage.”

The coalition, made up of professionals, former politicians and at least one union leader, have a message to Alaskans: “Wake up.”

Corbus, along with Jim Clark...



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