Major oil and gas reserves were found in the Alaska North Slope (ANS) and Cook Inlet basins, but according to the Energy Information Administration, by February 2014 Alaska had fallen to fourth place in the nation in crude oil production after Texas, North Dakota, and California.
mˈeɪdʒɚɹ ˈɔɪl ænd ɡˈæs ɹɪzˈɜːvz wɜː fˈaʊnd ɪnðɪ ɐlˈæskə nˈɔːɹθ slˈoʊp ˌeɪˌɛnˈɛs ænd kˈʊk ˈɪnlɪt bˈeɪsənz, bˌʌt ɐkˈoːɹdɪŋ tə ðɪ ˈɛnɚdʒi ˌɪnfɚmˈeɪʃən ɐdmˌɪnɪstɹˈeɪʃən, baɪ fˈɛbɹuːˌɛɹi tˈuː θˈaʊzənd fˈoːɹtiːn ɐlˈæskə hæd fˈɔːlən tə fˈoːɹθ plˈeɪs ɪnðə nˈeɪʃən ɪn kɹˈuːd ˈɔɪl pɹədˈʌkʃən ˈæftɚ tˈɛksəs, nˈɔːɹθ dɐkˈoʊɾə, ænd kˌælɪfˈoːɹniə.