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Vol. 13, No. 39 Week of September 28, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil prices drive industry employment

New report shows jobs growth and loss in Alaska moves with prices; Alaska often lags behind Lower 48 in service industry jobs growth

Eric Lidji

Petroleum News

When North Slope oil production peaked 20 years ago, around 8,500 people worked in the Alaska oil industry. With production today down 70 percent from those highs, the oil industry now employs around 12,600 people in Alaska, a record for the state. The difference? The price of oil today is five time....

    [additional news subjects in this story]

Prices have long driven jobs

Alaska lags behind Lower 48

Other factors play into jobs

Taxes still a wildcard


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