9 Sep

ConocoPhillips to begin work on 1 billion North Slope oil development this

first_imgA flow line curves above the horizon on the western North Slope. (Elizabeth Harball/Alaska’s Energy Desk)ConocoPhillips today announced the company has made the final decision to build a new, roughly $1 billion drill site on the North Slope.Listen nowThe announcement comes a week after the Trump administration handed the oil company final approvals for the project. Called Greater Mooses Tooth 2, it will be in the federally managed National Petroleum Reserve-Alaska, west of Prudhoe Bay.ConocoPhillips aims to begin construction this winter. The project is expected to employ up to 700 workers. First oil is anticipated in 2021. The company says it will produce up to 40,000 barrels per day.Greater Mooses Tooth 2 is one of a string of projects oil companies are pursuing in the region. Another ConocoPhillips drill site, Greater Mooses Tooth 1, started producing oil for the first time earlier this month. In a recent interview, ConocoPhillips Alaska president Joe Marushack noted Alaska Native corporations will financially benefit from the company’s new projects in NPR-A; they own a significant portion of the subsurface rights in the area.“ASRC — Arctic Slope Regional Corporation — has a piece of the royalty, which is very important to those communities up there in terms of the dividends they can provide,”  Marushack said.Environmental groups have raised concerns about the pace of oil development happening in the Reserve, arguing the federal government isn’t doing enough to offset impacts.“Development in the NPR-A is advancing quickly and is compromising irreplaceable subsistence use areas and habitat,”  Nicole Whittington-Evans, Alaska regional director for the Wilderness Society, said in a statement after federal regulators approved the project.last_img read more

15 Aug

Census HUD Expand Access to Housing Survey Results

first_img Agents & Brokers Attorneys & Title Companies Census Bureau HUD Investors Lenders & Servicers Service Providers 2013-01-03 Tory Barringer The results of the “”Census Bureau’s””:http://www.census.gov/ and “”HUD’s””:http://portal.hud.gov/hudportal/HUD “”American Housing Survey””:http://www.census.gov/housing/ahs/ are now available for the first time ever via the Census’ American FactFinder data access tool, the agencies announced Thursday.[IMAGE]The survey covers a wide range of topics, including housing problems, householder’s satisfaction with home and neighborhood, purchase price and type of mortgage, and socio-economic characteristics of the householder. [COLUMN_BREAK]Statistics are provided on the national level for apartments, single-family homes, manufactured housing, new construction, and vacant housing units.Among the findings from the 2011 survey: * Seventy-one percent of survey respondents rate their homes highly (ratings of eight to 10), with 29 percent giving their homes the “”best”” rating of 10. Residents of new construction tend to rate their homes even more highly, with 84 percent giving a rating above eight and 46 percent rating their homes as a 10.* On average, households pay $927 per month (24 percent of their household income) for housing. The cost is higher for residents of new construction, with median cost being $1,340 per month.* More than a fifth–21 percent–of all primary mortgage holders reported a change in their monthly payment in the last 12 months. The main reason for their payment change was because of a change in property taxes or homeowners insurance (71 percent).Other detailed findings can be found at the “”American FactFinder page””:http://factfinder2.census.gov/faces/nav/jsf/pages/searchresults.xhtml?refresh=t. Census, HUD Expand Access to Housing Survey Results in Data, Technologycenter_img January 3, 2013 415 Views Sharelast_img read more