Alaskan energy executive Max Easley thinks his state's oil and gas industry is on the verge of a resurgence, bolstered by the White House's promotion of fossil fuel expansion.

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Production in the region collapsed to 357,000 barrels per day of crude oil in July, a 47-year low. This follows decades of under-investment, permitting quagmires, environmental protests and the challenges of drilling in Alaska's frigid climate.

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But the re-election of US President Donald Trump and his promise to "drill baby drill" may help to support an oil and gas revival in Alaska, and other resource-rich regions of the US.

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"For a long time, Alaska was on what appeared to be inexorable decline ... But there's been a bit of a renaissance," says Easley, chief executive of Pantheon Resources, an Alaska-focused oil and gas group.