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Summer 2002 Photos

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2008 LINKS: Shell Alaska OCS Study; Mackenzie Gas Project EIS; Join the Alaska Gas Pipeline Blog Discussion; Governor Sarah Palin's AGIA Links; 2007 ACES tax bill links; Department of Revenue 2007 ACES tax documents;  2007 ACES tax Presentations; 2007 ACES tax news; Alaska Gas Pipeline Training and Jobs; Gas Pipeline and Economic Development; Andrew Halcro; Bjørn Lomborg; FERC's Natural Gas Website Links

WASHINGTON: Alaska Natural Gas Pipeline Act; History of H.R. 4; DOE Energy Bill Position, 6-02; Daschle-Bingaman Energy Bill (Alaska, Sec. 1236 & tax credit, Sec. 2503 & H.R. 4 Conferees), Tax Credit; See amendments, "Energy Policy Act of 2002";  "Alaska Natural Gas Pipeline Act of 2001 (Draft)" & Background Paper, 8-9-01;Alaska Legislature Joint Committee position; Governor's position; Governor's 10-Point Plan; Anadarko Analysis; U.S. Senate Energy Committee Testimony, 10-2-01 - text version;  U.S. Senate Energy Committee Testimony, 9-14-00; Report on the Alaska Natural Gas Transportation Act of 1971, prepared by staff of the Federal Energy Regulatory Commission, 1-18-01

ALASKA: 1-23-03, Governor Frank Murkowski's State of the State Speech; 2002 DRAFT Recommendations to 2003 Legislature; '02 Alaska Legislation; Alaska Highway Natural Gas Pipeline Policy Council; Joint Legislative Gas Pipeline Committee; 9-01 Alaska Models: Canadian Routes, LNG, GTL; HR 4 Story; Cook Inlet Supply-Demand Report: AEDC; Commonwealth North Investigation & Our Article; Report: Backbone; Legislature Contacts; State Gas Pipeline Financing Study; 5-02 Alaska Producer Update; Kenai: "Oil & Gas Industry Issues and Activities Report, 11-02"; Alaska Oil & Gas Tax Structure; 2-27-02 Royalty Sale Background; Alaska Gas Pipeline Office opens, 7-01, and closes, 5-02; Betty Galbraith's 1997-1998 Chronology Our copy.

CANADA: 1-10-03, "Arctic Gas Pipeline Construction Impacts On Northern Transp."-Transport Canada-PROLOG Canada Inc.-The Van Horne Institute;Hill Times Reports, 8-30-02; 9-30-02, Cons. Info. Requirements; CBC Archives, Berger Commission; GNWT Economic Impact Study, 5-13-02; GNWT-Purvin & Gertz Study, 5-8-02; Alberta-Alaska MOU 6-02; Draft Pan- Northern Protocol for Oil and Gas Development; Yukon Government Economic Effects: 4-02 & PPT; Gas Pipeline Cooperation Plan Draft & Mackenzie Valley Environmental Impact Review Board Mackenzie Valley Pipeline MOU Draft, 6-01; FirstEnergy Analysis: 10-19-01; Integrated Delta Studies; National Post on Mackenzie Pipeline, 1-02;Northern Pipeline Act;  Haida Nation v. British Columbia; Indian Claims Commission; Skeena Cellulose decision -- aboriginal consultations required, 12-02; Misc. Pipeline Studies '02

COMPANIES: Alaska Gas Producers Pipeline Team Newsletter, 7-27-01; APG Newsletter: 5-02, 7-02 & 9-02; ArctiGas NEB PIP Filing Background; NRGPC Newsletter: Fall-02;  4-02 ArctiGas Reduces Field Work; BP's Natural Gas Page; Enbridge Perspective; Foothills Perspective; Williams Perspective; YPC Perspective, 7-02

 MEDIA REFERENCE: Alaska Journal of Commerce; Alaska Inc. Magazine; Anchorage Daily News; Canadian Broadcasting Corporation; Fairbanks Daily News Miner, Juneau Empire; Northern News Services; Oil & Gas Reporter; Petroleum News Alaska; Whitehorse Star, etc.

EXTENDED CONFERENCE NEWS: Alaska Support Industry Alliance, Anchorage Chamber of Commerce Canadian Institute, Insight Information, Inuvik Petroleum Shows, International Association of Energy Economists, Resource Development Council for Alaska, Ziff Energy Group











Northern Gas Pipelines: Resource Development Council for Alaska, 2002, below

For 2001 Gas Pipeline-related Stories Move Here

2002 Activities

12-07.In memoriam.  With us at the RDC meeting last Thursday, Security Aviation's Mike O'Neill (NGP Photo, 12-5-02) passed away this weekend.  He contributed much to Alaska and meant much to all of us who knew him.  -dh


12-05-02.  ERA Aviation Inc. president Charles Johnson (NGP Photo-l) first introduced Arctic Power Chairman Mano Frey (NGP Photo-r) to the podium.  The charismatic Alaska union leader called upon members to personally support support the 2003 effort to assure responsible development of a small portion of the Arctic National Wildlife Refuge in Alaska.  (Our ANWR reference.)  Frey then presented a personal check for $250 to Arctic Power executive director, Kim Duke.


Arctic Power's Washington representative, Roger Herrera (NGP Photo-l) then provided RDC members with an 'insiders' briefing on Congressional strategy.  While generally optimistic for the future of ANWR, Herrera went into some detail regarding several possible 'problem areas':

  • He discussed the need to correspond with several Republican senators, whose position on ANWR was not assured.  (An NGP reader sent us an email after the presentation, helpfully including several appropriate links: Fitzgerald, Peter - (R - IL) Class III 555 DIRKSEN SENATE OFFICE BUILDING WASHINGTON DC 20510 (202) 224-2854 E-mail:; DeWine, Mike - (R - OH) Class I 140 RUSSELL SENATE OFFICE BUILDING WASHINGTON DC 20510 (202) 224-2315 E-mail:;  Chafee, Lincoln - (R - RI) Class I 141A RUSSELL SENATE OFFICE BUILDING WASHINGTON DC 20510 (202) 224-2921 E-mail:

  • "Union support on opening access is as critical and necessary as it has ever been," Herrera said.

  • He said Senate leaders could use the budget process to forward the issue but that if opponents defeat that vehicle, the chances of overcoming a filibuster are remote.

  • He said the currently unknown makeup of the Senate's budget committee is important.

  • The White House, he said, will have to be as involved in the issue this year as they were last year.  "Support of the White House is critical though there is every reason to believe we can maintain it."

  • "I can't stress support from Alaska too much," Herrera said.  "It must be active support.  The message must be loud and clear.  Congress must hear from those most directly affected: Alaskans."

Herrera drew attention to a study of North Slope resources which the National Academy of Science plans to release in February, saying it could influence the dialogue.

Lastly, Herrera said, "This is our last hurrah.  We can win.  We should win.  But success relies on important and proactive efforts of all Alaskans."

Some of the approximately 100 members/guests attending the meeting below, left to right, were: Steve Sutherlin, Billie Rae Gillas, Jack Laasch, Kim Duke, Dave Haugen, Jason Brune, Tim Bradner and Stephanie Zymanski






11-02.  11-25 Updates: 01:30, 01:50, 02:10 ET.  ALASKA TRANSITION ACTIVITY.  In a speech to the Resource Development Council for Alaska late last week, outgoing Alaska Governor Tony Knowles (NGP Photo) presented a positive image of his administration's gas pipeline promotions as reflected in a transition paper he prepared for incoming Governor Frank Murkowski (NGP Photo).  The transition paper highlights the Alaska Highway Natural Gas Policy Council.  "This group covered a lot of ground," Knowles said.  "The council also developed key principles relative to federal action that helped craft the legislation that was part of this year’s federal energy bill."  Knowles discussed his support of failed Congressional legislation and touched on a key concern of Alaska's gas producers: fiscal certainty.  "While we made significant progress towards key issues surrounding state incentives, there is still much work ahead," Knowles said. "The upcoming legislative session will likely be the staging ground for identifying how the state, through possible fiscal incentives, can help a gasline project move forward.  We made progress, through our work with industry, to identify key issues surrounding fiscal clarity for a gasline project.  In our transition paper, we have identified the key areas that will require future discussions and negotiations between the state and industry."  NGP readers may download the complete gas pipeline transition document here.

6-28-02.  Lord John Browne, Group Chief Executive, BP, addressed a large combined audience of the Anchorage Chamber of Commerce, Alliance and Resource Development Council for Alaska today on a variety of oil and gas policy issues, including those related to an Alaska gas pipeline.  (Note:  Download Lord Browne's speech here.  NGP and RDC photos are included here, without captions RDC page here.  7-1-02 ADN Editorial: There wasn't much good news for Alaska oil and gas development in remarks Friday morning by Lord John Browne, CEO of BP.  See Steve Haycox's Op-Ed piece in the 7-5-02 ADN.)

Optimism and pessimism don't have much place in business. I prefer the view of a great American President who said that he was neither optimistic nor pessimistic - he was determined.   -Lord John Browne

Our Report--Lord John Browne told a packed Sheraton Anchorage ballroom breakfast audience today that his first job after joining BP 33 years ago was an assignment to Alaska.

"This is where I learnt about the reality of the oil industry," he said, "the real challenge of developing resources in complex circumstances, the challenge of bringing those resources to market - and the challenge of working with a vast range of people - all in pursuit of a common objective." He then proceeded to discuss current Alaska realities, project economics and future potential for the state.

Browne said nearly 14 billion barrels of oil have been produced on the North Slope of Alaska in the last 25 years. "There are, on the North Slope according to the USGS, a total of 5 billion barrels of booked oil reserves," he said, "another 9 billion barrels of oil resources not yet booked and some 13 billion barrels yet to be found. BP alone has nearly 2 billion barrels of proven oil reserves, a half-billion of potentially developable reserves and about 3 billion of known but as yet non-commercial reserves. He also noted the 35 Tcf of proven natural gas reserves and about 100 Tcf of potential reserves, according to USGS.

He then pointed out that Alaska's reserves competed within a world market of over 1,000 billion barrels of oil and nearly 5,500 trillion cubic feet of gas of proven reserves. "Last year," he said, "the U.S. imported nearly 12 billion barrels of oil, and net imports accounted for 55 per cent of its consumption - but that oil came from 60 different countries around the world. No one country supplied more than 15 per cent. He then pointed out that while domestic production of Alaska oil and gas could be said to enhance national security, that it wasn't realistic to expect consumers to pay a premium cost for domestic production. "Alaskan resources have to be able to compete at the point of consumption in the global market", he said.

Moving to gas project issues, he said, "The gas market is also shaped by demand. U.S. demand for natural gas has grown by just over 1 per cent per year over the past decade, and growth will continue on the basis of convenience, advances in technology and the environmental benefits of gas consumption against coal or oil." Browne said that DOE forecasts that by 2010, U.S. demand will grow by 2% per year to a total use of 77 BCFD/d. "The market is there," he said, "but to win a place in that market, Alaska has to compete against the existing and the potential sources of gas supply from all over the world.

He said Alaska resources must become more competitive to meet world supply challenges. "Operating costs per barrel for us here are 20 per cent higher than our worldwide average," he said, and "pipeline and shipping costs per barrel are four times the average." This is largely due to the remoteness of Alaska's resources and the expensive delivery systems needed to bring them to markets. He said that is nothing new, but "what is new is that Alaska is now a mature, and much smaller oil province.

The operating systems and infrastructure were designed for much higher volumes of throughput. As production declines, that means that unit costs are higher."

He said the company was focused on achieving continued efficiency of Alaska operations, including 20% in Alaska employee staff reductions and 75% contractor staff reductions.

Without being specific, he said the company needs "help in securing real, enduring fiscal stability ... and a regulatory structure that strikes the right balance between risk and reward - one that allows for investment and development while protecting the environment."

"Gas can be one of the legs that will help to carry Alaska into the future," Browne said, "but oil will remain the core." Alaska gas at present is not competitive, he said, with "Capital costs of $20 billion, operating costs of $20 billion and financing costs of $20 billion." He said the gas producers are working to reduce capital costs by $2 billion and that help from government is necessary in establishing appropriate economic rents and fiscal certainty. As to the general types of help required, he cited other examples of government support including production credits for coalbed methane, enhanced oil recovery incentives, progressive royalty and financing supporting tar sands and Mackenzie Valley gas development.

Browne said BP did not ask for subsidies and does not want "corporate welfare", but does want to consider "distribution of rent", meaning, listeners assumed, tax and royalty valuation methodology.

He said the gas pipeline debate "has to be resolved by Governments - Federal Governments and the State of Alaska. There are other enabling steps which are necessary," he said: "Appropriate federal legislation to allow the project to proceed, fiscal stability at the state level in Alaska and an efficient regulatory approval process to allow the gas to be transported through Canada."

The speech ended with a lengthy question & answer period.

Former Anchorage Borough Mayor Jack Roderick, asked if Alaska gas remained stranded was there a way of using it in the state. Browne acknowledged the attraction of a petrochemical industry in Alaska but said it would be a shame to give up on the fundamental pipeline project; that, rather, a reexamination and redistribution of rents should be considered to keep an Alaska gas project viable.

Former Resource Development Council for Alaska Executive Director Becky Gay asked for a definition of "redistribution of rent". Brown said it was premature to define the term but that it should remain part of the debate on gas pipeline public policy.

In answer to other questions, he said:

-"In the market based economy, hundreds of companies are working in their own interest, determining the sources of energy."

-"In the end, the market will decide as supply and demand meet each other."

-"The Canadian provincial and Federal governments have made changes in how the revenue should be distributed. This has probably contributed to developments in the Alberta oil sands and East Coast developments."

-"On the basis of current market appetite, people would rather have LNG than DME; it is easier to handle, cleaner, simpler. The market prefers simple things."

(Note:  Download Lord Browne's speech here.  NGP and RDC photos are included here, without captions RDC page here.  BP page here.) 

4-5-02.  RDC President Bob Stiles (NGP Photo-right) welcomed Alaska Commissioners of Economic Development, Deborah Sedwick (Photo), and Natural Resources, Pat Pourchot, who addressed Resource Development Council for Alaska members yesterday on gas pipeline and other economic development issues.   Assistant Executive Director Carl Portman (NGP Photo-lower right) briefed members on pending ANWR challenges in Washington.   

Pourchot (NGP Photo-below, left) summarized state gas pipeline related activity, current status of Congressional action and made an announcement regarding the State's ANS royalty gas sale.  He began by recalling that 16 months ago Governor Tony Knowles had declared, "My way is the highway", subsequently establishing the 'Gas Cabinet' within his administration and the 'Alaska Highway Natural Gas Pipeline Policy Council' for public input.  He itemized the administration's gas pipeline advocacy during the past year, including: numerous conferences, speeches and meetings with companies; efforts with the Canadian Federal government, territories and provinces; work with the Governors Association and Congress.  He said that while, "we have attempted to keep ANWR and gas pipeline advocacies separate, they are riding in the same vehicle," referring to Congressional energy legislation.  He said, "we have advocated the Southern Route as being in the national interest as well as in Alaska's interest." He said that efforts of Knowles and Lt. Governor Fran Ulmer with Senate Majority Leader Tom Daschle have assured pipeline access both for in-state royalty use and for new, undiscovered gas volumes resulting from future explorations successes.  He also stated that the Administration was working on 'more specific' language that would better anticipate circumstances surrounding extraction of gas for in-state use.  He said that, "It is clear that the economics are very much in doubt for the project...," and that the state supported Congressionally created accelerated depreciation, ITC and a floor price for gas advocated by Phillips Petroleum.  He stressed that Senator Daschle had assured Governor Knowles that Alaska's concerns would be incorporated and that to the 'tool kit' available to pipeline investors would be Governor Knowles offering of the "unique tax feature of the Alaska Railroad permitting it to issue tax-exempt bonds potentially saving up to $1 billion in the cost of constructing a pipeline."  Pourchot (NGP Photo, with Alaska Oil & Gas Reporter Editor, Rose Ragsdale) then reviewed the extensive Alaska royalty gas sale offering recently completed (See our stories).  He announced that the final, negotiated sale contract with Alberta Energy Corporation and Anadarko Petroleum would not be submitted to the Legislature for approval this session for several reasons:  a) there was insufficient time remaining in the session, b) he had received commitments from "2 of 3" north slope producers that they would provide the state with a 180 day notice of any upcoming open season in the future, for determining gas pipeline capacity, and c) it would be useful to see the outcome of Congressional legislation before obtaining Legislative approval of the contract.  He also said the state stands ready to assist industry in resolving tax certainty and other issues important to pipeline investors.  (NGP Photo-DNR's Mining, Land and Water Director Bob Loeffler accompanied Pourchot.)

Sedwick (NGP Photo, with KENI News Director David Totten) described the State's recent trade mission to London, Berlin and Frankfort.  In London, Sedwick had meetings with BP and Shell saying that these had surfaced possible business opportunities for Alaska companies with Shell.  She stressed the importance of Europe as an Alaska marketing target:  a) "In 2001," she said, "Alaska's exports to Europe rose sharply, to $349 million, up 63% from the previous year.   b)  In 2001 seafood replaced minerals as Alaska's top European export with Zinc and lead remaining as the top mineral exports.

3-21-02.  "The Interior Alaska Economy: Today and Tomorrow."  Fairbanks Mayor Rhonda Boyles, (RDC Photo-left) addressing Resource Development Council for Alaska.

3-13-02: Anchorage-Lieutenant Governor Fran Ulmer (RDC Photo-right) appeared at the Resource Development Council for Alaska breakfast meeting last week while we were in Calgary.  Reporting on her efforts to include northern route gas pipeline prohibition language in the Senate Energy Bill, she said that, "We felt it important that the Democratic leadership in Washington hear from Alaska democrats that we do know how to do oil and gas development right and responsible here in Alaska."  She continued, "For a lot of people, ANWR is not about data, but emotion; not about reality, but perception. People should not rely on emotion to make this very important decision."  -Photo/quote courtesy RDC.

2-21-02: Senator Frank Murkowski offers his Washington report to members and guests of the Resource Development Council for Alaska at a 7 a.m. business meeting Thursday at the Sheraton Anchorage.

2-7-02:  ANCHORAGE, Resource Development Council for Alaska-Consensus in the room seemed to be that President George Bush and EPA Administrator Governor Christie Todd Whitman (Photo 7-01, with Ken Freeman-former RDC Executive Director now with Governor Tony Knowles' office) had, with help from the Alaska Congressional Delegation, hired the right person to head up EPA's Region.  Today, Kodiak transplant to Seattle, John Iani (Photo, 2-7-02) said that while EPA has expertise the states don't have, states also have expertise the EPA doesn't have.  "Governor Whitman," he said, "realizes as a former governor that problems need to be resolved at the local level."  He then urged the crowded RDC audience, consisting of representatives of local-state-Federal agencies, gas pipelines, oil fields, miners, commercial fishing and timber to "give us your priorities" (Photos below, L-R, Jack Williams-ExxonMobil; Ken Konrad-BP; D.J. (Don) Dunham, III-BP).  By prioritizing, he said, EPA could focus on the most important  projects.    -dh


by Paula Easley, Senior Policy Analyst, Resource Development Council for Alaska

Is there more to the 49th State than incomparable scenery? With much of Alaska federally controlled, non-residents greatly influence decisions affecting it. The U.S. senate will decide whether to tap petroleum resources in ANWR’s coastal plain or declare it wilderness.              Alaska’s bigness is mind-boggling. Superimposed, it would cover 20% of the 48 contiguous states. Its Alaska Range boasts 23 peaks over 10,000 feet high, with Mount McKinley reaching nearly four miles high. America’s largest glaciers—the Bering and Malaspina, each bigger than Delaware—are here, plus 5,000 others. Bordered by two oceans and three seas, there’s plenty of water, with 3,000,000 lakes and 3,000 rivers.             America’s largest national forests, the Tongass and the Chugach, are also here. The state is virtually all wilderness. However, if a new state were formed with just the 58 million acres of federal Wilderness, it would be larger than Minnesota, Idaho or Utah—with no roads, structures or development. As it is, Alaska is home to 62% of all federal Wilderness, 70% of national parks, 17% of national forests, and 85% of national refuge lands.           All told, 152 million acres of the state are federal parks, preserves, forests, scenic rivers, recreation and military lands, refuges, and national monuments. Most were withdrawn in the massive 1980 land reclassification. Millions more acres are managed as Wilderness. The legislature withdrew another 8.5 million acres, reflecting Alaskans’ concerns for special places. Much remaining land is mountains, icefields or wetlands, unsuitable for development.     Roads access but 12,000 of the state’s 586,412 square miles, a railroad crosses 500 miles, and state ferries link primarily Southeastern communities. It has more coastline than all the other states combined, and 80% of the people live on the coasts. Individuals own far less than one percent of the land.       Alaska’s tiny population (620,000) discourages instate manufacturing. Most materials, food and equipment come from other states or countries.        Development is hard to come by. Distances from markets, limited infrastructure, high operating costs and other roadblocks daunt most ventures. To be economic, projects must generally be world-class, like Prudhoe Bay. Others are ruled out because they are in, near, or blocked by federal conservation units. Transportation routes affecting key conservation units are forbidden without an Act of Congress.      Natural resources are bountiful: 29% of the nation’s proved oil reserves; 20% of natural gas reserves, (excluding ANWR and NPR-A). Possibly half the nation’s coal resources, some six trillion tons, are in Alaska. There’s gold, silver, zinc, copper, lead, barite, iron, platinum, nickel, uranium, antimony, titanium, chromium, etc., but only the very wealthy can outlive the “process” of trying to extract them. Many valuable deposits are in areas closed to development.      Through the efforts of countless “Save Alaska” fundraising groups, traditional fishing, forestry and mining opportunities have radically declined. New proposals, even recreation facilities, attract national opposition and environmental lawsuits. With little success diversifying Alaska’s economy, unemployment rates remain higher than national averages. High-paying resource industry jobs are replaced with low-paying service jobs, ranking Alaska second-from-last in state growth rates.        Two projects could jumpstart the national and Alaska economies—(1) a natural gas pipeline from Prudhoe Bay to the Midwest, and (2) ANWR development. Yet preliminary studies of a gas line indicate its $15-20 billion cost is too high. That leaves ANWR.       Prohibiting ANWR development means denying huge economic benefits and jobs to every state. It means more imports, a growing trade deficit, and a major blow to national security. It means putting un-elected special interest groups in charge of Alaska’s economy.       Three-fourths of Alaska residents say they live here because of its pristine environment. Three-fourths of its residents also support opening ANWR. They know that, using 21st century arctic technology and great caution, ANWR’s resource treasures and a pristine environment are compatible. More than 60% of Americans have now reached the same conclusion.      Here’s the situation: Unless Americans convince the U.S. Senate to open ANWR, it will become Wilderness, and the greens will have seized control over national energy policy.        If special interests can gang up to prevent development of America’s single-most promising oil and gas prospect, in remote Alaska, imagine how difficult it will be to develop energy projects in any other state.

Permission is granted by the author to reprint this article.

Easley Associates, January 2002, 907-274-6800, fax 907-277-2844, email

1-17: Resource Development Council for Alaska speaker, Arctic Slope Regional Corporation (Photo-ASRC logo) Chairman, Jacob Adams. Anchorage Daily News, by Paula Dobbyn -  For 2001, the second year in a row, Arctic Slope Regional Corp. expects to top $1 billion in annual revenue. The Barrow-based Native regional corporation is the first homegrown Alaska business to achieve such lofty sales. "Alaskans can be very proud," said Tadd Owens, executive director of the Resource Development Council. "They're proving that Alaska Native businesses can be successful on a lot of fronts, providing for their shareholders and getting big returns on their investments. It's a real success story."   ...2001 was a time of stabilization and maturity for the Inupiat-run corporation, chief executive Jacob Adams said at a breakfast meeting of the development group Thursday in Anchorage.  The Native corporation on the northern edge of Alaska generated about $1.04 billion in revenue in 2000, according to the company's annual report. Arctic Slope expects it achieved about the same revenue last year and will know for sure after auditors finish combing the books. ...Today the company focuses on oil-field services, oil refining, engineering and construction, with offices in Barrow and Anchorage as well as in the Lower 48 and Canada. ...Though crude prices tumbled after Sept. 11 and remain anemic, Arctic Slope sees a number of encouraging developments on the 2002 horizon, Adams said. As a land owner in the newly developed Alpine oil field, the Native corporation is jazzed by Phillips Alaska Inc.'s efforts to boost production from the 429 million-barrel field, Adams said. Phillips is pushing to expand production to 150,000 barrels a day, he said.  Arctic Slope estimates it made $8 million to $9 million from Alpine last year, Adams said in a later interview. In all, the corporation was able to share about $20 million with other regional Native corporations last year from its resource-derived profits....  Arctic Slope is also encouraged by Exxon Mobil's plans for the Point Thomson area. Point Thomson holds an estimated 8 trillion cubic feet of natural gas and 200 million barrels of natural gas liquids. Exxon and its main partners, BP and Chevron, have agreed to a timetable to drill eight exploration and development wells by 2008.   The biggest disappointment of last year was U.S. Sen. Jim Jeffords' defection from the Republican Party, Adams said. The Vermont lawmaker's move tipped the balance of power in the Senate in favor of the Democrats and "prevented the opening of the coastal plain of the Arctic National Wildlife Refuge" to oil development, Adams said.  ... "We should keep in mind that most of the economy of the state is enabled by the rural part of Alaska. The oil production that keeps the state coffers full comes from my part of rural Alaska," Adams said.


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