Though Alaska has long been considered a leading energy-producer, it hasn’t been regarded as a key part of the current, largely shale-driven supply revolution that is creating a new era of American energy abundance. That could soon change.
One of the more overlooked aspects of our industry is that oil and gas companies like ExxonMobil are not just big contributors to the economy, we are also really big taxpayers.
International trade emerged as one of the salient issues of 2013, particularly with regard to commercial flows of energy products such as natural gas, coal, and oil.
International trade negotiations are sure to be in the news in 2014, so we will be hearing a lot about “trade balances.” But do we know what that term really means, and how the underlying economic realities of a trade imbalance might affect us?