Atlantic Richfield Discovers Oil at Prudhoe Bay, Alaska
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Economics, Natural Resources
- Subcategories: Business, Energy, Fuel, Power Sources, Ecology, Environment, Conservation
- Curriculum: American History 1951-present
- Geographical Location: Alaska
- Date: December 26, 1967
Article abstract: The search for new oil fields produced a major find at Prudhoe Bay, Alaska, setting off a lengthy battle with environmentalists over the development of this resource.
Summary of Event
The Naval Petroleum Reserve was created on the North Slope of Alaska in 1923, nearly a half century before the first oil was to flow from wells in America’s northernmost state to consumers in the lower forty-eight states. During the 1920’s and again in the 1930’s, the challenge of Alaska’s uncharted resources combined with projected shortages in...
[The entire page is 1990 words long]
