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Successful Natural Gas Extraction Test "Game-Changer" for Alaska's Energy Future
#1
KTVA

May 2, 2012

By Kirsten Swann

EXCERPT:

NORTH SLOPE - The Department of Energy announced plans to ramp up methane hydrate extraction research after a preliminary test was declared a success Wednesday.

U.S. Energy Secretary Steven Chu said the test, which involved removing natural gas from North Slope ice crystals, could lead to a 30 percent reduction in gas prices by 2025. The Department of Energy partnered with ConocoPhillips and the Japan Oil, Gas and Metals National Corporation to conduct the test, which commenced February 15 and ended April 10.

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