OIL AND GAS

Alaska's oil production is 25 percent of the total United States production.

Alaska has the two largest producing oil fields in the United States Prudhoe and Kuparak River).

The State of Alaska realizes 85 percent of its total income from oil and gas reserves.

Under Alaska's surface lies as estimated 30 percent of the total proven U.S. oil reserves.

Under Alaska's outer continental shelf lies an estimated 41 percent of U.S. offshore gas reserves and 29 percent of the U.S. offshore oil reserves.

Alaska produces about 1.8 million barrels of oil and 1.25 billion cubic feet of natural gas daily.

The 800 mile Trans-Alaska Pipeline System (TAPS) transports about 1.8 million barrels a day of crude oil from Alaska's North Slope to the seaport of Valdez for transport via tankers to the rest of the U.S.