Gov. Seeks National Policy to Fill Pipeline
May 11, 2011, Juneau, Alaska – Governor Sean Parnell today asked Alaska’s congressional delegation to urge Congress to pass the Alaska North Slope Production Act. The Act calls for the creation of a national plan to achieve the state’s goal of increasing Trans Alaska Pipeline System (TAPS) oil throughput from Alaska’s North Slope to one million barrels a day in the next 10 years.
“I remain focused on more oil production from Alaska, and TAPS is a critical component of our nation's energy security infrastructure,” Governor Parnell said. “The federal government can play a critical role in ensuring the viability of TAPS for decades. I am asking for congressional support for this aggressive policy to trigger the creation of tens of thousands of jobs and billions of dollars in revenue, while lessening America’s dependence on foreign oil.”
Highlights of Governor Parnell’s proposed federal legislation include:
- Requires the Secretary of Energy and the Secretary of the Interior to outline a plan to achieve the objective of one million barrels of oil per day carried by TAPS from the Alaska North Slope;
- Recommends streamlining the federal authorization and permitting process;
- Time limits for agencies to process authorizations and permits where no time limits currently exist;
- Recommends shortening some existing time limits for authorizations and permit processing;
- Recommends streamlining existing review process;
- Recommends financial and other incentives for the development of Alaska North Slope reserves; and
- Recommends opening current off-limits areas to exploration and development.
Governor Parnell has also requested support from President Barack Obama, whose goal is to reduce the nation’s oil imports by one-third by 2025. In a letter written to the president last month, Governor Parnell urged that the president support Alaska’s goal of increasing the flow of oil through the Trans Alaska Pipeline System.
During recent testimony before the U.S. Congress, Natural Resources Commissioner Dan Sullivan requested that Congress adopt as a national priority Governor Parnell’s goal of one million barrels of oil per day through TAPS.
“The state of Alaska is moving forward with several policy initiatives to increase Alaska oil production,” Sullivan said. “Although ambitious, one million barrels per day is achievable because the North Slope of Alaska remains a world-class hydrocarbon basin that is still relatively unexplored. The federal government needs to partner with the state in achieving the governor’s goal.”