Congratulations, Conoco.

  ConocoPhillips Alaska profits outpace Lower 48, Canada, Latin America, and Europe – Combined Senator Bill Wielechowski (D – Anchorage) applauded ConocoPhillips on another quarter in which profits from Alaska operations exceeded a half of a billion dollars. “After spending three months in Juneau listening to complaints about the competitive disadvantage of doing business in Alaska, public records once again indicate near record profits from Alaska operations,” said Senator Wielechowski. ConocoPhillips financial statements released today indicate 1st quarter profits in Alaska of $543 million. Adjusted earnings in Alaska exceeded those in the Lower 48, Canada, Latin America, and Europe combined….