Alaska's total demand for finished petroleum products is low compared to demand in most states. Motor gasoline demand is primarily met by oil refineries in Kenai and near Fairbanks.
Alaska's tribal lands do not have the sovereign status of reservations; instead, the land is owned by the Native Alaskans through 13 regional corporations, allowing the tribes to benefit from the resources on their lands. The Arctic Slope Regional Corporation, for instance, has title to nearly five million acres of energy-rich land, including one of the world’s largest bituminous coal deposits.
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net energy Production trillion btu
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Gasoline Tax total state + federal, 2014
Does not have a renewable portfolio standard or similar renewable goals.
Allows the use of conventional motor gasoline throughout the state and is exempted from federal fuel volatility regulations. Requires the use of ultra low sulfur diesel for all diesel-powered on-road vehicles and off-road equipment.
Requires permits and compliance bonds for oil and gas well drilling. There is no permit fee for drilling. Compliance bonds are not less than $100,000 per well.
Electricity net production, trillion btu