Credit Petty Officer 1st Class Sara Francis / US Coast Guard
A Coast Guard helicopter crew conducts hoists of the first six of 18 crewmen from the mobile drilling unit Kulluk 80 miles southwest of Kodiak City, Alaska, 12/29/12. Rescue was prompted after there were problems with the tow Friday.
Credit Petty Officer 1st Class Sara Francis / US Coast Guard
The tug Nanuq and the tug Aiviq (not pictured) tow the mobile drilling unit Kulluk in 15 to 20-foot seas, 80 miles southwest of Kodiak City, Alaska, 12/29/12. The tug Aiviq lost the initial tow Thursday and suffered several engine failures.
An oil rig that was on its way to a Seattle shipyard from Alaska went adrift in the Gulf of Alaska on Sunday. John Ryan told Ross Reynolds about it on The Conversation.
Jeff Rubin was a high-flying economist at a major Canadian investment bank, until he decided to write a book about how high oil prices were going to flatten the global economy. Ross Reynolds talks Jeff Rubin about the steadily mounting demand for cheap oil in a world of dwindling supply.
As regulators in the region weigh the potential impacts of trains full of coal moving along the Columbia River and the shores of Puget Sound, trainloads of oil are quietly on the move. There are billions of barrels of oil in the Bakken shale formation – located in North Dakota and Montana mainly. And some of that oil is now making its way to refineries in Puget Sound.
