Oil production in Alaska falls to lowest level in more than four decades

Crude oil production in Alaska averaged less than 450,000 barrels per day last year, said the US Energy Information Administration (EIA).

The EIA said oil production in the state averaged 448,000 bpd in 2020, the lowest level since 1976.

Alaska’s output now only accounts for 4% of the nation’s production, a total that has been declining as the unconventional oil and gas revolution caused a resurgence in production in other states.