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"Gulf Spill Could Have Alaska Repercussions"

"The oil gushing from a Gulf of Mexico oil well has the potential to touch Alaska in many ways.

Alaska is next in line, nationally, for offshore oil development in federal waters -- Shell Oil hopes to drill exploration wells in the Beaufort and Chukchi seas this summer, opening a controversial new frontier for the state's oil industry.

Investors' jitters over future offshore oil production could boost Alaska oil prices -- it happened Thursday, when the price for Alaska crude jumped by $2.70 to $83.97."

Elizabeth Bluemink reports for the Anchorage Daily News May 2, 2010.

Source: Anchorage Daily News, 05/03/2010