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    - Shell abandons North Slope oil leases, raising questions about the industry’s fu

    Started by TDoS May 24, 2024, 05:33 PM

    Message path : / Planetary Material Conditions / Peak oil / Shell abandons North Slope oil leases, raising questions about the industry’s fu #2


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    TDoS

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    May 24, 2024, 05:33 PM
    Quote from: RE on May 23, 2024, 07:43 PMI doubt anyone has a clue how they're going to fund the state goobermint as the have of royalties from oil and gas deposits comes to a close.  The only other major reason to be up here is its geopolitical significance as a military base, so as things shut down in oil we'll lose not just revenue but population also.  At least that might relieve the housing shortage, but the already severe shortage of medical industry personnel will become unmanageable.
    If lack of interest in Alaska beyond bieng just a summer tourist destination craters both real estate values decent paying employment, it might be a nice place to collect some retirement property.

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