Competitive Framework for Alaska: 2012 slide image

Competitive Framework for Alaska: 2012

International Competition Shale Oil At this time it is not known whether shale oil production will be possible in Alaska. Pilot projects will be required to identify whether reservoir characteristics are of a nature that would permit fracking and would result in a sufficient flow of oil to make shale oil economic. If shale oil would be economic, the resources may be quite considerable, for instance, in excess of several billion barrels. It is therefore very important for Alaska to identify whether shale oil is economic or not. New shale oil developments will likely require major new infrastructure. The Federal permitting of this infrastructure and related environmental concerns could be a major stumbling block. 50
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