Energy

Alaska has long been a powerhouse of production. With 3.4 billion barrels of proven oil reserves and an estimated 125 trillion cubic feet of natural gas, the state holds some of the most significant conventional energy resources in North America. Since oil first flowed through the Trans-Alaska Pipeline System (TAPS) in 1977, the state has produced nearly 19 billion barrels of oil. This legacy continues with the recent discoveries of additional untapped resources and the major development projects already underway by leading U.S. companies, such as ConocoPhillips and Hilcorp, as well as international investment from companies like Australia’s Santos, with more international investment on the last frontier’s horizon.

Our energy sector isn’t defined by oil and gas alone. The state exemplifies the “all-of-the-above” mentality and, as such, is a proven leader in innovation, specifically in renewable energy. Navigating a plethora of terrain types, Alaska has successfully utilized and integrated renewable energy, including wind, hydro, geothermal, and solar, to bring affordable and self-reliant energy to some of our state’s rural and indigenous communities. With vast public support and buy-in, these sustainable, renewable projects power communities like Kodiak and Cordova and serve as national models for how remote microgrids can harness renewables while maintaining reliability.

Alaska’s natural advantages drive energy security, technological innovation, and infrastructure development both in the U.S. and abroad. It blends traditional and emerging energy technologies to make Alaska the paradigm for the future of the energy sector. Alaska’s secure, ethical, and strategic supply of traditional and emerging energy technology, with a strong focus on sustainability and ethical practices, is a key tool as the U.S. seeks to strengthen alliances and reduce dependency on foreign energy and domestic production.

Already, Alaska’s LNG export potential, particularly through projects like Alaska LNG, positions the state to serve Asian markets, which will strengthen U.S. trade and energy diplomacy in the Indo-Pacific. It provides the resources and credibility needed to give the U.S. the geopolitical competitive advantage as global markets shift towards prioritizing energy source stability, sustainability, and growth.

From traditional energy sources to renewable and next-generation technologies, Alaska exemplifies what it means to be “Made in Alaska.” It is bold, innovative, and essential, not only to the state’s economy, but to U.S. leadership on the global stage.