Alaska Gov. Sean Parnell (R) will meet today with the CEOs of Exxon Mobil, BP, and ConocoPhillips. The AP calls this meeting “virtually unheard-of,” as the parties converge to develop a strategy for promoting oil development and shipping. Parnell originally invited the CEOs, so the Alaskan government and industry can “work collectively to determine the shape of the next generation of North Slope resource development.” Parnell is pushing for a natural gas pipeline project, which would include TransCanada. He has indicated the state is open to additional royalties and tax incentives for the major companies.
Alaska Gov. Parnell Meets Oil CEOs In ‘Virtually Unheard-Of’ Meeting, Pushing For Pipeline Project