Headed for Europe soon? Your timing couldn’t be better. The dollar is up almost 15% against the currencies of major U.S. trading partners in six months, and almost 29% since July 2011. The currencies in question are the euro, the Canadian dollar, the Japanese yen, the United Kingdom pound, the [continue reading . . . ]
North Dakota passed Alaska in oil production on a monthly basis two years ago this month. So it is not news that Alaska, long a close second to Texas, remains No. 3. As recently as a decade ago, Alaska pumped almost 36 barrels of oil for every 40 pumped in [continue reading . . . ]
Alaska’s stranded North Slope natural gas looks to remain stranded. The more important trend for the short term, both for Alaska and for the Puget Sound area, especially Tacoma, is that oil production continues to decline. No one who’s been paying attention to natural-gas developments was surprised that BP and [continue reading . . . ]