Anchorage Daily News Business

The price of North Slope oil sold on West Coast open markets closed today at $44.53 a barrel, down $0.59 for the day.

In light of a souring global economy, how will Alaska's economy fare next year?

The Northern Lights Alaska Chapter of the American Payroll Association announced that Lauran Gularte, payroll technician at AKMAAQ LLC has earned her Certified Payroll Professional certification from the APA's certification board. Gularte has been working in the payroll field for 10 years. She has payroll experience in all 50 states.

Faced with oil prices below $60 a barrel and natural gas prices down to about $6 per thousand cubic feet, Pioneer Natural Resources is planning substantial cuts in its 2009 drilling program.

The federal government improperly granted Shell Oil permission to explore for oil and gas in Alaska’s Beaufort Sea, a federal appeals court ruled today.

A federal appeals court has ordered the Minerals Management Service to take another look at Shell Oil's offshore drilling plan for Alaska's Beaufort Sea.

With the price of oil plunging, executives with BP and other energy companies said they'll throttle back on some Alaska projects in the coming year.

Carlile Transportation Systems announces that Joe Fey was promoted to Alaska sales manager. Fey will oversee the Alaska sales team and operations and work closely with the Carlile national sales members. Darrin Semeniuk, who previously held the position, has moved to Houston, Texas, to manage the sales and customer relations operations for the Houston terminal. Fey has been employed with Carlile for eleven years, and has sales experience in Kenai, Seward, Kodiak and Anchorage. He has been an Alaska resident for almost 25 years.

The price of North Slope oil sold on West Coast open markets closed Wednesday at $49.12 a barrel, down $0.77 for the day.

Alaska oil prices on Tuesday dropped below $50 a barrel for the first time since January 2007 as world crude prices continue to soften in the face of slackening demand.

Alaska oil prices on Tuesday dropped below $50 a barrel for the first time since January 2007 as world crude prices continue to soften in the face of slackening demand.

Average gas prices in Anchorage:

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The price of North Slope oil sold on West Coast open markets closed Tuesday at $49.89 a barrel, down $1.56 for the day.

SIOUX FALLS, S.D. -- Alaska and world oil prices continued their fall Monday, with North Slope crude closing at $51.45 on West Coast open markets, its lowest price since January 2007.

Despite vigorous opposition, federal officials plan to open roughly 1 million acres near some of Alaska's richest salmon streams to mineral exploration and oil and gas leasing.

JUNEAU — A joint pipeline venture featuring oil giants BP and Conoco Phillips turned in a federal right of way application for a 2,000-mile proposed gas line project.

Average gas prices in Anchorage:

PALMER -- Valley Dairy Inc. could receive two state loans totaling hundreds of thousands of dollars as it seeks to erase the debt incurred by getting the business started.