This Month in History: Wanted: Level playing field
20 years ago this month: Prices are good, Alaska has market, lots of gas, but if Marathon is going to continue to invest in inlet, state must address regulations, incentives
Marathon Oil Co. has drilled 23 gas wells onshore Cook Inlet since 1998, including seven this year, and will spend almost $36 million in Cook Inlet this year — up from $11 million in 1998.
Marathon wants to continue exploring for natural gas on the Kenai, where the company is involved in seven acti....
[additional news subjects in this story]
Technology to reduce costs
Permitting a problem
Lack of incentives
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