Is Alaska Oil on the Rebound?

Is Alaska Oil on the Rebound?

March 21, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A new discovery and revisions to the oil potential in Alaska suggests one of the early entries into the North American oil scene has some life remaining.

The Energy Information Administration (EIA), the data office for the U.S. Department of Energy, said it expects Alaskan crude oil production to average 438,000 barrels per day (BBL/d) next year, close to a 4% increase from what's forecast for this year.

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