NATIONAL
January 2, 2013 | By Kim Murphy and Amy Hubbard
Coast Guard emergency teams continue to wait and watch a grounded oil rig in southern Alaska on Wednesday morning for signs of leakage. Stormy weather is delaying efforts to get people onto the Kulluk rig to make a closer assessment. Meanwhile, a "full-scale" response operation is being marshaled -- just in case. "There's no sign of any leakage," Coast Guard spokesman Sam Sacco told the Los Angeles Times on Wednesday. "Just as a contingency, a full-scale response operation is being put in place, but the fact is, there is no leakage of chemicals into the water.
NATIONAL
January 1, 2013 | By Kim Murphy
An offshore drilling rig remained beached on a remote island in southern Alaska Tuesday, but authorities said there was as yet no evidence that it had leaked any of the more than 150,000 gallons of fuel and other petroleum products on board into the pristine waters nearby. “Right now … the Kulluk [rig] is sound. There is no sign of a breach of the hull; there is no sign of release of any product,” U.S. Coast Guard Capt. Paul Mehler, the federal on-scene commander for what is becoming a major response effort, said at a news conference.
OPINION
September 2, 2012
The National Petroleum Reserve-Alaska just isn't what it used to be - or rather, what we thought it was. Until about two years ago, the 23-million-acre spread of land was thought to hold a treasure-trove of 10.6 billion barrels of black gold. Then research by the U.S. Geological Survey brought the figure way down, to less than a tenth of that amount. Yet the reserve is rich in other features, among them wildlife and the fragile ecosystems in which it lives. Interior Secretary Ken Salazar wisely recognized both kinds of resources in drafting the first comprehensive plan for the reserve.
BUSINESS
March 30, 2012 | By Ronald D. White, Times Staff Writer
A modern-day oil boom in states like Texas and North Dakota has helped the U.S. reduce its dependency on foreign oil to the lowest levels in 12 years. Unfortunately, California isn't benefitting, and steady declines in the state's production will leave it increasingly dependent on expensive foreign crude in the future. Of the nation's five top oil-producing states, only two have seen steady drops since February 2006. They are California and Alaska, according to Energy Department statistics.
NATIONAL
August 10, 2010 | By Kim Murphy, Los Angeles Times
In 1977, one of the engineering marvels of the modern world made its debut: the trans-Alaska pipeline, 48 inches of steel traversing 800 miles, three mountain ranges and more than 800 rivers and streams. In its heyday in the 1980s, the pipeline carried as much as 2.1 million barrels of oil a day from America's largest oil field at Prudhoe Bay to the port of Valdez. Alaska was transformed into a petro state with an oil savings account worth $33.3 billion. Today, however, the pipeline is carrying only about 660,000 barrels of oil a day, and production from the North Slope's aging fields is set to steadily decline over the next decade.
NATIONAL
July 12, 2010 | Bloomberg News
Seeking funds to pay for the biggest U.S. oil spill in history, BP is in talks to sell its Alaska oil fields and some other assets to Houston-based Apache Corp., two people familiar with the discussions said Sunday. Apache, the largest independent U.S. oil company by market value, is negotiating for assets that include a share in BP's Alaska business for a price of less than $12 billion, according to one of the people, who asked not to be identified because the discussions aren't public.