Alaska electric gross 2025

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Petroleum. Alaskas proved crude oil reservesabout 3.2 billion barrels at the beginning of 2022are the fourth-largest in the nation. The state has been among the top oil producers for many years.
Recent estimates by the U.S. Geological Survey (USGS) of undiscovered petroleum resources in conventional reservoirs from the onshore part of the Arctic Alaska petroleum province include mean volumes of over 24 billion barrels of oil and over 85 trillion cubic feet of natural gas, and estimates for Cook Inlet basin (
The oil and gas industry is the largest component of Alaskas economy. Nearly 85 percent of the state budget is supplied by oil revenues.
Data Supply Distribution Utility-Scale Net Electricity Generation (share of total) Alaska Petroleum-Fired 15.1 % find more Natural Gas-Fired 41.2 % find more Coal-Fired 10.7 % find more21 more rows
The government industry contributed the most to Alaskas GDP in 2023, generating a value of $10.3 billion. It was followed by mining, quarrying, and oil and gas extraction ($8.3B) and transportation and warehousing ($7.3B).
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The Alaska Outer Continental Shelf (OCS) constitutes one of the worlds largest untapped resources potentially reaching as high as 26 billion barrels of oil and 132 tcf of natural gas, with the majority being in the Chukchi Sea.

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