From Alaska Dispatch News:
U.S. Energy Secretary Ernest Moniz, on his second trip to Alaska in his current post and his fifth overall, talked about natural gas, renewable energy resources and his agency’s work in Alaska in a brief interview Monday.
Asked how current low oil prices impact development of alternative energy resources, Moniz said that the low cost of oil “is good for consumers.” The average price of gasoline in the Lower 48 is now $1.73 a gallon.
In the Lower 48, unlike in Alaska, diesel fuel isn’t used to generate electricity, so the low price of oil has only a small impact on those renewable resources, he said
