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Sovereign Wealth Funds Briefing - Categorized | Market

USGS drops a bomb on Alaska’s oil future

Posted on 04 November 2010

From Energyandcapital.com: The Alaska Permanent Fund was created in 1976, just after the North Slope began bringing oil to market. It was a great way to put money into the hands of the state’s residents.
And production was flowing. During the first half of the 1980s, Alaska’s oil production enjoyed a certain degree of success. Production was over two million barrels per day by 1988……………………………………….Full Article: Source


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