It's important to keep in mind the scale. The US is producing around 15 million barrels of oil per day.
The projects mentioned in the article, combined, would be less than 6 months of the US production.
It's important for the locals in Alaska, but it's not going to change anything globally. Except maybe killing off a few endangered species and damaging the fragile ecosystem. But that's a small price to pay for oil companies' profits.
The oil industry is dying and we are destroying the planet and a delicate ecosystem to harvest non-renewable energy. It should stay in the ground and be saved for future generations for an emergency, not to just power grossly oversized vehicles and social media content generation to manipulate people into buying things.
What a truly amazing coincidence that failed Alaskan projects that can supply energy to Asian "allies" without maritime choke points become profitable again!
Just as the Hormuz double blockade is implemented and extended. The current peace talks are just theater. Expect new "peace talks" every two weeks for years to come.
Putin, Trump and the fracking mafia will be very happy.
The Ember 2026 report[0] shows that 75% of new power generation in 2025 was from solar. Solar + wind were 99% of new generation capacity. Fossil fuel generation dropped for one of the first times ever (historical reductions were typically due to structural reasons like COVID or recession). In a first, renewable sources made more for the planet than coal.
Renewables are absolutely going to be powering the future. Recent events have done nothing but accelerate the transition as countries are going to run to reduce their petroleum dependencies.
It really ought to be solar+batteries. It'd be slightly more expensive to build up-front than oil-based solutions, but probably not much and the companies building these data centers have the money to pay for that.
The projects mentioned in the article, combined, would be less than 6 months of the US production.
It's important for the locals in Alaska, but it's not going to change anything globally. Except maybe killing off a few endangered species and damaging the fragile ecosystem. But that's a small price to pay for oil companies' profits.
Arctic development is also expensive, and even the planned projects would have been impractical without already-existing infrastructure.
The US is one of the most oil hungry countries on the planet, and even 3 months supply is a quarter. That would definitely move the needle on prices!
Just as the Hormuz double blockade is implemented and extended. The current peace talks are just theater. Expect new "peace talks" every two weeks for years to come.
Putin, Trump and the fracking mafia will be very happy.
Renewables are absolutely going to be powering the future. Recent events have done nothing but accelerate the transition as countries are going to run to reduce their petroleum dependencies.
[0] https://ember-energy.org/latest-insights/global-electricity-...
[0] - https://arstechnica.com/science/2026/05/soaring-solar-and-a-...