Alaska Output to Fall Further

摘要

Prices for crude oil produced on Alaska’s North Slope will remain high but output from the aging basin will continue to slump, according to a semi-annual forecast released lat on Friday by the state Department of Revenu The department’s spring forecast predicts that North Slope crude prices will average $75.32/bbl in fiscal 2010, which ends Jun. 30, and rise to an average of $77.65/bbl in fiscal 2011.