ANCHORAGE, Alaska , August 24, 2025 (ENS) - Flooding and mud slides brought on by heavy rain closed the main highway and rail line between Anchorage and Fairbanks this week.
The looming closure of a BP oil field in Alaska has cast another mark against the oil giant and its reputation as it continues with plans to build a liquefied natural gas terminal in Logan Township, according to critics of the project.
Wall Street returned to a more normal routine today, reacting to Apple Computer Inc. saying it would delay it quarterly report rather than airport delays caused by Thursday’s terror threat.
Britain's BP PLC, a major international oil company, was forced to begin shutting down production at the largest oil field in the United States on Sunday.
In a blow to drivers already struggling with high gasoline prices, BP was forced to shut off about 8 percent of the nation's oil supply after discovering "unexpectedly severe corrosion" in the Alaskan pipeline.
NEW YORK (AP) -- Oil prices jumped by $2 a barrel Monday following a shutdown at an Alaskan oil field that accounts for about 8 percent of daily U.S. production.