This Feb. 9, 2016, photo shows an ice-covered ConocoPhillips sign at a drilling site in Nuiqsut. (AP Photo/Mark Thiessen, File)
ConocoPhillips will develop the Nuna field, a project that will add up to 20,000 barrels of oil to Alaska’s daily production, the company announced this month as the state debates higher oil industry taxes.
The oil giant acquired the relatively small field in 2019 from Caelus, a company from Dallas that still owns the potentially giant but remote offshore oil prospect in Smith Bay, off Alaska’s North Slope.
ConocoPhillips’ announcement comes as state lawmakers discuss the possibility of higher taxes on the industry as a way to help fill the Alaska’s structural deficit. Senate Bill 114, introduced this year to raise taxes on producers, could advance during the legislative session next year. Alaska’s oil and gas trade association launched an ad campaign against the five-page bill.
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ConocoPhillips is the state’s top oil producer, producing about 175,000 barrels of crude oil daily. Oil companies produce close to 500,000 barrels of oil daily in Alaska.
At Nuna, ConocoPhillips will rely on its existing infrastructure at the Kuparuk River Unit for production, the Houston-based oil company said. Caelus had already built the gravel road and drilling pad for the project.
Drilling at Nuna is set to begin late next year, followed soon after by oil production, the company said. Nearly 30 development wells are planned.
Construction will start this year and continue next year with pipeline installation and other work on the pad, the company said.
“The additional drilling opportunities we’ve identified at Nuna are a positive development that should increase oil production at Kuparuk,” said Erec Isaacson, president of ConocoPhillips Alaska.
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Isaacson said the company approved the project because of stability in the state’s tax system.
Compared to other broad geographic areas where it operates, ConocoPhillips earns more in Alaska for every barrel of oil equivalent, a common unit of energy that companies use when reporting oil and natural gas production, according to Legislative Research Services, which provides nonpartisan research for Alaska lawmakers.
The company has previously said those adjusted net earnings are higher in Alaska primarily because its production in the state is almost entirely oil. In other areas, the company produces a higher proportion of lower-price natural gas or natural gas liquids.
ConocoPhillips reported earning $2.4 billion in Alaska last year. It reported spending $1.1 billion on capital projects in Alaska last year, a level of investment the company plans to continue, its statement said.
A ConocoPhillips spokeswoman said in a statement Tuesday that the company supports nearly 1,000 direct jobs and 8,900 contractor jobs in Alaska. The company paid $3 billion in taxes and royalties last year, including $2.3 billion to the state and $711 million to the federal government, the statement said.
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State Sen. Bill Wielechowski, the sponsor of Senate Bill 114 who sought the report from Legislative Research Services, said the oil industry in Alaska has not lived up to its promised investments when Senate Bill 21 was passed and implemented about a decade ago.
Jobs have been cut in half, and investment and state revenue have plummeted.
“Alaska is an extremely profitable place to do business,” said Wielechowski, an Anchorage Democrat.
ConocoPhillips also owns the giant Willow oil field in northern Alaska, approved by the Biden administration this year. Conservation groups have sued to stop the project, asserting that the federal government violated multiple laws when it approved the project and did not fully account for its environmental impacts.
ConocoPhillips has said construction there could start next year, depending on the outcome of the case. Oil production could begin there in 2029, eventually reaching up to 180,000 barrels daily.
A critical question demands an actionable answer. To date, many takes on various sides of the debate have focused more on high-level narrative than precise policy prescriptions. If we zoom in to look at the actual sources of delay in clean energy projects, what sorts of solutions would we come up with? What would a data-backed agenda for clean energy abundance look like?
The most glaring threat to clean energy deployment is, of course, the Republican Party’s plan to gut the Inflation Reduction Act. But “abundance” proponents posit that Democrats have imposed their own hurdles, in the form of well-intentioned policies that get in the way of government-backed building projects. According to some broad-brush recommendations, Democrats should adopt an abundance agenda focused on rolling back such policies.
But the reality for clean energy is more nuanced. At least as often, expediting clean energy projects will require more, not less, government intervention. So too will the task of ensuring those projects benefit workers and communities.
To craft a grounded agenda for clean energy abundance, we can start by taking stock of successes and gaps in implementing the IRA. The law’s core strategy was to unite climate, jobs, and justice goals. The IRA aims to use incentives to channel a wave of clean energy investments towards good union jobs and communities that have endured decades of divestment.
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Klein and Thompson are wary that such “everything bagel” strategies try to do too much. Other “abundance” advocates explicitly support sidelining the IRA’s labor objectives to expedite clean energy buildout.
But here’s the thing about everything bagels: They taste good.
They taste good because they combine ingredients that go well together. The question — whether for bagels or policies — is, are we using congruent ingredients?
The data suggests that clean energy growth, union jobs, and equitable investments — like garlic, onion, and sesame seeds — can indeed pair well together. While we have a long way to go, early indicators show significant post-IRA progress on all three fronts: a nearly 100-gigawatt boom in clean energy installations, an historic high in clean energy union density, and outsized clean investments flowing to fossil fuel communities. If we can design policy to yield such a win-win-win, why would we choose otherwise?
Klein and Thompson are of course right that to realize the potential of the IRA, we must reduce the long lag time in building clean energy projects. That lag time does not stem from incentives for clean energy companies to provide quality jobs, negotiate Community Benefits Agreements, or invest in low-income communities. Such incentives did not deter clean energy companies from applying for IRA funding in droves. Programs that included all such incentives were typically oversubscribed, with companies applying for up to 10 times the amount of available funding.
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If labor and equity incentives are not holding up clean energy deployment, what is? And what are the remedies?
Some of the biggest delays point not to an excess of policymaking — the concern of many “abundance” proponents — but an absence. Such gaps call for more market-shaping policies to expedite the clean energy transition.
Take, for example, the years-long queues for clean energy projects to connect to the electrical grid, which developers rank as one of the largest sources of delay. That wait stems from a piecemeal approach to transmission buildout — the result not of overregulation by progressive lawmakers, but rather the opposite: a hands-off mode of governance that has created vast inefficiencies. For years, grid operators have built transmission lines not according to a strategic plan, but in response to the requests of individual projects to connect to the grid. This reactive, haphazard approach requires a laborious battery of studies to determine the incremental transmission upgrades (and the associated costs) needed to connect each project. As a result, project developers face high cost uncertainty and a nearly five-year median wait time to finish the process, contributing to the withdrawal of about three of every four proposed projects.
The solution, according to clean energy developers, buyers, and analysts alike, is to fill the regulatory void that has enabled such a fragmentary system. Transmission experts have called for rules that require grid operators to proactively plan new transmission lines in anticipation of new clean energy generation and then charge a preestablished fee for projects to connect, yielding more strategic grid expansion, greater cost certainty for developers, fewer studies, and reduced wait times to connect to the grid. Last year, the Federal Energy Regulatory Commission took a step in this direction by requiring grid operators to adopt regional transmission planning. Many energy analysts applauded the move and highlighted the need for additional policies to expedite transmission buildout.
Another source of delay that underscores policy gaps is the 137-week lag time to obtain a large power transformer, due to supply chain shortages. The United States imports four of every five large power transformers used on our electric grid. Amid the post-pandemic snarling of global supply chains, such high import dependency has created another bottleneck for building out the new transmission lines that clean energy projects demand. To stimulate domestic transformer production, the National Infrastructure Advisory Council — including representatives from major utilities — has proposed that the federal government establish new transformer manufacturing investments and create a public stockpiling system that stabilizes demand. That is, a clean energy abundance agenda also requires new industrial policies.
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While such clean energy delays call for additional policymaking, “abundance” advocates are correct that other delays call for ending problematic policies. Rising local restrictions on clean energy development, for example, pose a major hurdle. However, the map of those restrictions, as tracked in an authoritative Columbia University report, does not support the notion that they stem primarily from Democrats’ penchant for overregulation. Of the 11 states with more than 10 such restrictions, six are red, three are purple, and two are blue — New York and Texas, Virginia and Kansas, Maine and Indiana, etc. To take on such restrictions, we shouldn’t let concern with progressive wish lists eclipse a focused challenge to old-fashioned, transpartisan NIMBYism.
“Abundance” proponents also focus their ire on permitting processes like those required by the National Environmental Policy Act, which the Supreme Court curtailed last week. Permitting needs mending, but with a chisel, not a Musk-esque chainsaw. The Biden administration produced a chisel last year: a NEPA reform to expedite clean energy projectsand support environmental justice. In February, the Trump administration tossed out that reform and nearly five decades of NEPA rules without offering a replacement — a chainsaw maneuver that has created more, not less, uncertainty for project developers. When the wreckage of this administration ends, we’ll need to fill the void with targeted permitting policies that streamline clean energy while protecting communities.
Finally, a clean energy abundance agenda should also welcome pro-worker, pro-equity incentives like those in the IRA “everything bagel.” Despite claims to the contrary, such policies can help to overcome additional sources of delay and facilitatebuildout.
For example, Community Benefits Agreements, which IRA programs encouraged, offer a distinct, pro-building advantage: a way to avoid the community opposition that has become a top-tier reason for delays and cancellations of wind and solar projects. CBAs give community and labor groups a tool to secure locally-defined economic, health, and environmental benefits from clean energy projects. For clean energy firms, they offer an opportunity to obtain explicit project support from community organizations. Three out of four wind and solar developers agree that increased community engagement reduces project cancellations, and more than 80% see it as at least somewhat “feasible” to offer benefits via CBAs. Indeed, developers and communities are increasingly using CBAs, from a wind farm off the coast of Rhode Island to a solar park in California’s central valley, to deliver tangible benefits and completed projects — the ingredients of abundance.
A similar win-win can come from incentives for clean energy companies to pay construction workers decent wages, which the IRA included. Most peer-reviewed studies find that the impact of such standards on infrastructure construction costs is approximately zero. By contrast, wage standards can help to address a key constraint on clean energy buildout: companies’ struggle to recruit a skilled and stable workforce in a tight labor market. More than 80% of solar firms, for example, report difficulties in finding qualified workers. Wage standards offer a proven solution, helping companies attract and retain the workforce needed for on-time project completion.
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In addition to labor standards and support for CBAs, a clean energy abundance agenda also should expand on the IRA’s incentives to invest in low-income communities. Such policies spur clean energy deployment in neighborhoods the market would otherwise deem unprofitable. Indeed, since enactment of the IRA, 75% of announced clean energy investments have been in low-income counties. That buildout is a deliberate outcome of the “everything bagel” approach. If we want clean energy abundance for all, not just the wealthy, we need to wield — not withdraw — such incentives.
Crafting an agenda for clean energy abundance requires precision, not abstraction. We need to add industrial policies that offer a foundation for clean energy growth. We need to end parochial policies that deter buildout on behalf of private interests. And we need to build on labor and equity policies that enable workers and communities to reap material rewards from clean energy expansion. Differentiating between those needs will be essential for Democrats to build a clean energy plan that actually delivers abundance.
(Reuters) -The administration of U.S. President Donald Trump on Monday proposed rolling back Biden-era limits on oil and gas drilling in an Alaska area that is the nation’s largest tract of undisturbed public land. The move is consistent with Trump’s goal to slash regulations for oil and gas …
Doug Burgum, Interior secretary and National Energy Dominance Council chair, speaks during an Alaska Resources Roundtable at the Hotel Captain Cook in Anchorage on Sunday, June 1, 2025. U.S. Sens. Lisa Murkowski and Dan Sullivan (R-Alaska) are at left. (Bill Roth / ADN)
Alaska’s governor,itstwo U.S. senators and three Trump administration officials gathered Sunday in an Anchorage hotel to extol an executive order meant to boost the state’s resource development industry.
The order at the heart of the meeting was signed by President Donald Trump in January, during the first day of his second term. It laid out several provisions aimed at smoothing the path toward more drilling for oil and gas; more logging; more mining; and more hunting on federal lands.
In attendance in a cramped ballroom at downtown Anchorage’s Hotel Captain Cook were Interior Secretary Doug Burgum, Energy Secretary Chris Wright, Environmental Protection Agency Administrator Lee Zeldin, U.S. Sens. Dan Sullivan and Lisa Murkowski and Alaska Gov. Mike Dunleavy. Alongside them were several dozen invited resource development industry leaders, state lawmakers and Dunleavy administration officials who were in a jovial mood as they spoke about the potential of Alaska’s resource industry under Trump’s leadership.
Sullivan, whose office organized the event, called the visit by Trump administration officials “a seminal event.” He referred to Burgum as “Alaska’s landlord.”
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Governor Mike Dunleavy (R-Alaska) speaks during the Alaska Resources Roundtable at the Hotel Captain Cook in Anchorage on Sunday, June 1, 2025. (Bill Roth / ADN)
The roundtable was the first of numerous events that the Trump officials planned to attend during a multiday visit to Alaska. Burgum, Wright and Zeldin were expected to travel to the North Slope early in the week to meet withresidents and oil field workers. They were also scheduled to participate in a sustainable energy conference organized by Dunleavy in Anchorage.
Sunday’s two-hour roundtable was not open to the press. But after its conclusion, journalists were ushered in to listen to closing remarks by participants.
“There’s a lot of alignment amongst Alaskans behind this executive order,” said Rebecca Logan, chief executive of the Alaska Support Industry Alliance.
Sullivan began his remarks by pulling out a pamphlet his office had designed when former President Joe Biden was in office, which listed several executive decisions taken by the Biden administration that Sullivan has said were meant to “lock up” Alaska. Sullivan proceeded to rip up the pamphlet and throw the pieces in the air.
“We got a new sheriff in town,” he said.
Sen. Dan Sullivan, (R-Alaska) ripped up and tossed a graphic illustrating the previous administration’s 70 executive orders and actions targeting Alaska during the Alaska Resources Roundtable that he hosted at the Hotel Captain Cook in Anchorage on Sunday, June 1, 2025. Doug Burgum, Interior secretary and National Energy Dominance Council Chair, is at middle. (Bill Roth / ADN)
Sullivan said the meeting was meant to facilitate the fast implementation of Trump’s January executive order, which as of yet has not led to the realization of new resource development in the state.
“We have the need for speed,” said Sullivan.
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Murkowski, a Republican who has spoken frequently against actions and priorities articulated by the Trump administration, thanked the Trump officials for their “unique” visit to the state but left the event before the roundtable concluded.
“To have them here in our state, to be listening to industry leaders, to be listening to Alaskans — this is a newsworthy takeaway,” said Murkowski. ”It is instructive, I think, for those of us here in Alaska to realize the partnership that we have with this administration. The Trump administration has looked at Alaska’s potential as an asset, instead of a liability.”
The comments offered by meeting attendees were replete with grand statements but sparse on details.
Both Sullivan and Murkowski said they emerged from the meeting with a renewed interest in permitting reform that would make it easier for private industry to launch new resource development projects in the state.
Sen. Lisa Murkowski (R-Alaska) speaks during an Alaska Resources Roundtable at the Hotel Captain Cook in Anchorage on Sunday, June 1, 2025. From left, Sens. Lisa Murkowski and Dan Sullivan, Interior Secretary Doug Burgum, Energy Secretary Chris Wright, Environmental Protection Agency Administrator Lee Zeldin and Gov. Mike Dunleavy (R-Alaska). (Bill Roth / ADN)
“It shouldn’t take 20 years to permit an old mine in Alaska. That hurts people, when you delay things for so long,” said Sullivan. “The radical far left groups that do it, they don’t care about our state, they don’t care about the communities, like in Western Alaska, with their poverty that they have. They just want to shut down everything.”
“We just need the federal government to help us, and this is the team that wants to do it,” said Sullivan.
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Zeldin, the EPA administrator, said “there is nowhere more important for the three of us to be right now than right here,” referring to himself, Wright and Burgum.
“I am extraordinarily confident in knowing that once this very productive visit to Alaska is done and we head back to Washington, D.C., that this team is able to work with your governor, with your congressional delegation, to be able to work with all of you to make sure this wasn’t just some ideal on a Sunday morning of an amazing future ahead for Alaska. It’s not just a dream,” said Zeldin.
Wright, the energy secretary, said that Trump got elected on the promise to deliver “not handouts to Alaskans” — rather, “freedom to develop the underground materials and turn them into resources.”
Interior Secretary Burgum said, “Alaska has an opportunity to allow us to do one of the mandates of the Trump administration, which is to sell energy to our friends and allies, so they don’t have to buy it from our adversaries.”
“The potential of this state is unbelievable,” said Burgum. “It can really become a powerhouse of a state.”
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“But we’ve got to get the federal government out of your way. That’s what the three of us are here to do” said Burgum.
LNG discussion
Chief among the resource development priorities emphasized by Trump during the first months of his second term has been a liquefied natural gas pipeline project that has been long sought by Alaska politicians. For decades, the project has remained far from realization, in large part because it is expected to cost a staggering $44 billion.
Sullivan acknowledged Sunday that “we get Alaskans who roll their eyes” at the LNG project, but he said there has been “really historic progress happening” both with interest from the private sector and with Trump’s stated commitment to the project.
“A lot of tailwinds there, exciting times. We’re not there yet, but it’s exciting,” said Sullivan.
The high-level meeting offered no new details on developments with the project.
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Dunleavy recently went on a multi-stop trip to Asian countries to promote Alaska’s LNG. Burgum said Sunday that “there are huge implications for national security for the United States to be able to export energy to our Pacific allies — South Korea, Japan, the Philippines, Taiwan.”
“We just have to be able to do math in this country and understand that the impacts are so low,” said Burgum.
Sullivan said that the Trump administration would “work with us on federal loan guarantees for the Alaska LNG project,” but the officials in attendance did not offer new details on how the project would be financed.
“The Alaska pipeline, if we get off-take agreements, if we sell energy to our Pacific allies, there will be people lined up to finance it,” said Burgum. “It won’t take foreign capital to build the pipeline. There may be foreign interest in wanting to be part of it, because it’s going to be a great project, but what we really need is customers.”
Renewable energy
Even as the Trump administration has championed Alaska’s energy potential, it has taken steps that could thwart several ongoing renewable energy projects throughout the state.
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Alaska utilities in recent years have been turning increasingly to renewables as costs for fossil-fuel electricity have increased. Those projects were enabled in part through tax credits approved in Biden-era legislation. Now, the Trump administration is freezing grants for some energy projects, and with the passage of the latest tax and spending bill, Republicans in Congress are looking to undo those tax credits — with support from Alaska’s U.S. Rep. Nick Begich.
That could mean that several projects with the potential of lowering Alaskans’ energy bills will be halted.
Those impacts were not on the agenda for the public portion of Sunday’s meeting.
Murkowski is one of four Senate Republicans who have spoken in favor of preserving the tax credits that have paved the way for renewable energy projects in Alaska.
Asked Sunday about the Trump administration’s impacts on Alaska’s renewable energy projects, Sullivan was noncommittal.
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“We’re an all-of-the-above energy state,” Sullivan said Sunday. “We’re looking at the different elements of what’s in the House budget reconciliation bill … but we’re still studying the bill and trying to figure out what’s the best way to balance what’s in the budget reconciliation with the overall goals of that bill.”