05/30/12 - 8:42am
I've been watching oil and gas corporations in Cook Inlet for the past 16 years, and few things surprise me. But now Hilcorp Corporation wants to resume storing oil at the base of an active volcano on the west side of Cook Inlet.
Hilcorp is the third largest privately-held oil and gas company in the nation ("privately held" means you cannot see their books). Last year, Hilcorp bought from Chevron the major oil and gas production facilities in Cook Inlet, including facilities at Trading Bay and Drift River.