Advertisement
Australia markets close in 5 hours 32 minutes
  • ALL ORDS

    7,807.50
    -91.40 (-1.16%)
     
  • ASX 200

    7,551.40
    -90.70 (-1.19%)
     
  • AUD/USD

    0.6414
    -0.0012 (-0.18%)
     
  • OIL

    82.50
    -0.23 (-0.28%)
     
  • GOLD

    2,390.20
    -7.80 (-0.33%)
     
  • Bitcoin AUD

    98,475.31
    +3,341.41 (+3.51%)
     
  • CMC Crypto 200

    1,303.23
    +417.69 (+46.73%)
     
  • AUD/EUR

    0.6027
    -0.0004 (-0.06%)
     
  • AUD/NZD

    1.0873
    -0.0002 (-0.02%)
     
  • NZX 50

    11,797.67
    -38.37 (-0.32%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     
  • NIKKEI 225

    37,412.05
    -667.65 (-1.75%)
     

Feds propose plan for Alaska petroleum reserve

Salazar announces preferred federal management plan for National Petroleum Reserve-Alaska

ANCHORAGE, Alaska (AP) -- Interior Secretary Ken Salazar says the federal government's proposed management plan for the National Petroleum Reserve-Alaska is a balance between protecting wildlife, subsistence requirements of 40 Alaska Native villages and the country's need for additional petroleum development.

Salazar spoke Monday at a press conference at the end of a three-day visit to Alaska and the 23-million acre reserve on the state's North Slope.

The proposed plan for the reserve, which could be made final by December, leaves more than half of the acreage available for development or construction of infrastructure such as a pipeline that could carry oil from leases in the Chukchi (chuck-CHEE') Sea off Alaska's northwest to the trans-Alaska pipeline.

The proposed plan would make other areas unavailable for development, including calving areas for two caribou herds.