716dpl
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https://www.eia.gov/energyexplained/oil-and-petroleum-produc... https://www.iea.org/reports/global-ev-outlook-2025/trends-in...
So it seems like these new investments are in a race. Will they pay off before they become stranded assets? The Saudis and other middle east countries have the lowest production costs, so unless Alaska can somehow keep costs to ~$20/barrel, I would not bet on it.
https://energy.ec.europa.eu/publications/accelerateeu-energy...