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Alaska Oil Output Drops 7.2% on Pipeline System Maintenance

Alaska crude-oil production dropped 7.2 percent in May from a year earlier after Alyeska Pipeline Service Co., operator of the cross-state pipeline system, shut sections for work and as output from wells declined.

Production averaged 570,770 barrels per day last month, down from 614,961 a year earlier and 577,552 in the previous month, the state Department of Revenue said on the agency’s website. Production peaked for the month at 591,966 barrels on May 3 and fell to a low of 530,873 on May 25.