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Video Clips

Quoted moments from Alaska public meetings, hearings, and press conferences.

1:24

Claire Knudsen-Latta

“proposed statutory revisions with HB 381 require that for a project to be eligible for tax abatement under AS 43, 59-010, it must include a spur line to the City of Fairbanks and Fairbanks North Star Borough, and the cost of the spur line must be allocated in a just, reasonable, and not unduly discriminatory manner across all consumers system-wide.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:20

Lyman Hoffman

“I would expect, highly expect that there are going to be cost overruns. What happens to the Fairbanks spur line given the language in Section 19 that I referred to?”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:44

Adam Prestidge

“the question might come, why would we want— why would other ratepayers in Alaska be willing to accept this additional cost? And the reality is, having Fairbanks have access to gas and being a buyer and consumer of gas off the pipeline is good for everyone.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:24

Adam Prestidge

“Extending it to all of the ratepayers across Alaska stretches that concept a little bit. Extending it to global LNG buyers extends it far outside of the bounds of commercial sensibility. And so we recommend removing that.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:54

Adam Prestidge

“That additional cost, if the RCA were to approve a tariff that spread the cost across all of the users, would be a a very low additional cost to Fairbanks consumers on top of what would be the $16 tariff. when we're talking about the incremental cost that would be spread across customers, you're looking at, you know, something— 10 cents. I can't pin down an exact number, but in the range of 20 to 30 cents per MMBtu of gas would be the amount that would be spread across all buyers.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:55

Claire Knudsen-Latta

“it appears the application by the Alaska Gas Line Development Corporation, or AGDC, did not include the Fairbanks Spur, and thus, it is unlikely that FERC's May 2020 decision extends its jurisdiction over the spur.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:41

Claire Knudsen-Latta

“Not knowing who will construct or operate the line means that the commission cannot answer questions about whether the spur will be economically regulated or not. Additionally, the commission cannot speak to whether the operator will seek certification under AS4206 or AS4208.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:55

Adam Prestidge

“it is not a firm commitment that all of the permits must be obtained because that is outside of the scope of the project developer's control. That is outside of 8 Star's control. At the end of the day, if there is a regulatory agency that for some reason declined to issue permits for the Fairbanks Spur Line, we wouldn't want that to jeopardize the tax treatment for the overall project that benefits the entire state of Alaska.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:21

Adam Prestidge

“when we talk about the Fairbanks Spur Line, we are— and again, we will give the specific final numbers, but just for frame of reference for this conversation, approximately 30 miles with a diameter of 12 to 14 inches in diameter.”

Alaska Legislature: Senate Finance - June 16, 2026 1:30pm · Jun 16, 2026

0:22

Speaker A

“I move to give the clerk a 3.3% COLA and a 2% step increase. Okay, discussion by the assembly? Any objection? Okay, hearing no objection, then the motion passes.”

Mat-Su Borough: Special Assembly Meeting for the Annual Evaluation of the Borough Clerk - June 16, 2026 · Jun 16, 2026

0:21

Speaker C

“Executive session, please, Madam Mayor.”

Mat-Su Borough: Special Assembly Meeting for the Annual Evaluation of the Borough Clerk - June 16, 2026 · Jun 16, 2026

0:18

Speaker A

“Those present in executive session will be the mayor, the assembly, and the clerk. Okay, is there any discussion on the motion? Is there any objection to the motion? Okay, hearing no objection, then we enter into the executive session at 4:03.”

Mat-Su Borough: Special Assembly Meeting for the Annual Evaluation of the Borough Clerk - June 16, 2026 · Jun 16, 2026

0:38

Speaker A

“the next item of business is an executive session for this subject that Uh, tends to prejudice the reputation and character of any person, provided the person may require a public discussion. So, Madam Clerk, do you want your evaluation scheduled in executive session or public?”

Mat-Su Borough: Special Assembly Meeting for the Annual Evaluation of the Borough Clerk - June 16, 2026 · Jun 16, 2026

0:19

Speaker A

“hearing no objection, we will exit executive session at 4:48.”

Mat-Su Borough: Special Assembly Meeting for the Annual Evaluation of the Borough Clerk - June 16, 2026 · Jun 16, 2026

0:37

Speaker A

“They also need to file campaign and financial disclosures with the Alaska Public Offices Commission. Running for the assembly involves significant visibility and engagement with residents, events, and media on local issues. A successful campaign requires strong organization scheduling, fundraising, volunteers, and communications. Appointing a campaign treasurer for financial reporting to the Alaska Public Offices Commission is advisable.”

How To Run For Office In Juneau, Alaska · Jun 16, 2026

0:40

Speaker A

“Members typically attend 5 to 9 meetings per month with varying workloads throughout the year. Staying connected with the community, listening to residents, and addressing time-sensitive issues outside of regular meetings are also essential parts of the role. The assembly consists of 9 members: the mayor and 8 assembly members. 6 Members must reside in their elected districts, while 2 can live anywhere in the community.”

How To Run For Office In Juneau, Alaska · Jun 16, 2026

0:43

Speaker A

“All community members vote for all assembly seats, which include at least 3 positions on the ballot each year, with terms lasting 3 years. Members can serve up to 3 consecutive terms, and local elections are nonpartisan. To serve in the assembly, candidates must be: 18 or older, registered voters in Juneau, and residents for at least 1 year before the election. To run for office and appear on the ballot, candidates must file paperwork with the CBJ Clerk's Office in mid-June. July, including a declaration of candidacy and a nominating petition with at least 25 signatures.”

How To Run For Office In Juneau, Alaska · Jun 16, 2026

0:41

Karen Norsworthy

“if we are able to make a decision here sometime this summer to get it taken care of, then when the budgeting season starts, um, which that whole thing starts in October, they have time to prepare for the following year. So it's important, I think, for us to do this early rather than waiting”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:30

Karen Norsworthy

“I would suggest somewhere around 5%— 5 to 8% would be my suggestion on making adjustment on the salary. When I look at some of the— and granted, they're union employees— some of their contracts have given as much as 8% on increases. So you have a fair amount of employees that are making more than the mayor now.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:38

Karen Norsworthy

“the current salary for the mayor is $145,000 a year plus a little bit of change on that. And I think it has been— it was— I'm looking back in the notebook the last time we looked at the mayor's compensation. And I think it looks like it was in 2020 when we went to the $143,000. And prior to that, The last time it was increased was in 2015. So in 2015, it was $132,000, almost $133,000 a year.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:04

Karen Norsworthy

“Not that that's necessarily an issue, but it's, I think, something worth considering.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:16

Jasmine

“the commission shall afford an opportunity for the public to be heard before rendering any decision that changes compensation.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:19

Pat Redmond

“we will be looking at increased compensation for the mayor. Are there any other, and we will not be looking at the assembly or school board.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:31

Karen Norsworthy

“get information on the salary from what the governor makes, I would say the chancellor, the school district superintendent, because looking at other government employees and not diving into the private sector. Yeah, I will work with the clerk because she'll be more versed in the process, so I'll coordinate with her. Okay, good. Yeah, and then I would say the mayor of Fairbanks, Juneau as well.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:20

Karen Norsworthy

“I think we can look at the governor. I think we can look at the chancellor of UAA and some other comparable positions within the city.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:12

Pat Redmond

“Do we want to look at any from the Lower 48? I did I don't, I don't think we need to. I think it should be within Alaska.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:40

Pat Redmond

“if we made a change this year, it would be effective next— it wouldn't be effective until the next mayor, or the next election. So it'd be 2 years out? When's— how long is the mayor's term? This is Commissioner Hayes. It would be April 2027.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:48

Karen Norsworthy

“I'd like to suggest that we maybe try and schedule something in maybe end of July, first part of August, and then maybe we can look at over the last like 5 years, get information on— let's just look at the workforce with the municipality, I think is worth looking at, is how much, you know, along with the assembly, what's the percentage of increase that has happened there.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:24

Karen Norsworthy

“2020, In April, we advanced the salary to $145,000. And here we are at 2026.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:06

Karen Norsworthy

“it seems to me we're kind of at that timeframe where we might want to take a look and making an adjustment there.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:19

Karen Norsworthy

“I suggested, you know, the one thing that we haven't looked at in a while was probably the mayor. And if we were going to do anything that—”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:28

Joe Hayes

“I would prefer if we could do it late July because we're going to have to have another meeting. And to Karen's point about people turning off and budget season, I would prefer to do it as soon as everybody can, which sounds like sometime in July.”

Anchorage Assembly: Salaries and Emoluments Commission Meeting · Jun 16, 2026

0:19

Bert Stedman

“I have yet to see what is the economic impact of the projections of the concession. No one's showed us that. Does it move the return 10 basis points? Does it move 50 basis points? Does it put you clear in the green light zone so it goes to FID tomorrow?”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:36

Adam Prestidge

“this project is structured under project finance where the construction of the project is being financed through loans and investments, but primarily through loans from institutions that would be repaid over a 30-year period of time. And so an effort to keep the cost of the project lower and to keep the cost of gas lower is to spread the debt payments over a longer period of time.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:53

Matt Kissinger

“There was a comment made on the House floor last week that the legislative consultant had indicated that the industry was moving more towards shorter and shorter term contracts. And really, this long— the nature of these long-term contracts of the LNG industry is really what differentiates it so much from the oil industry and oil developments. And I just wanted to correct that, that statement that in 2025, the United States developers of LNG projects entered into sales and purchase agreements for 40 million tons of LNG, so double what our project is across the whole U.S. 95% of those contracts were for 20-year contracts.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:38

Bert Stedman

“If Glenfarm exits, is there going to be a request back to the state to have to buy that data back, or do you just say one day, you got to excuse me, I'm cleaning out my desk and hitting the road, here's my forwarding address if I left anything behind in my desk, here's all the documents, goodbye, there's no monetary change or nothing”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:33

Matt Kissinger

“What happens is the developer under our contracts, between AGDC and Glenfarm, developer Glenfarm, they have to continue diligent development efforts until they achieve an FID. And we have laid out sort of 10 criteria of what it means to, you know, commit to— or to undertake diligent development efforts.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:39

Matt Kissinger

“The sunset provisions are contained through a web of sections, 21, 23, 26, 32, and 34. And these are, a lot of them are quite technical, but they really point to the department, the Commissioner of Revenue making the determination that Glenfarm have first met the requirements and so are subject to the AVT, and then later these sunset. Through these provisions. And they sunset on January 1, 2060. I would like to invite Mr. Prestidge to explain the requirement for that date”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:40

Adam Prestidge

“if you had a shorter-term abatement in, you know, Texas or Louisiana, you'd factor in the cost burden on the project during that 10 years, which would be zero. And then for the remainder of the term, you'd calculate whatever the— whatever the region— whatever the jurisdictional tax is at that time. And the differentiation is those are not— those are not 20 mils in those jurisdictions, and so those are not so negative towards the project.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:37

Adam Prestidge

“if that ever did happen, Glenfarn would have no recourse, no ability or expectation or request to be reimbursed. We're doing this at our own risk. To underscore that, the proof of that, when Glenfarn was negotiating to come in to take on this project, there was a concept on the table that was an ADA backstop. And it was being considered a bit by the legislature. There was a bit of press about it where the concept was that ADA would provide a reimbursable or reimbursement guarantee of up to $50 million to cover the cost of engineering studies on the pipeline.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:33

Bert Stedman

“I'd like to have that data set or that data point analyzed by your guys' internal data and your own model because you guys have the inside information. You got better information than Revenue has and better information than the Frankly, the governor has.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:40

Adam Prestidge

“Glenfarn is developing the Alaska LNG Project at our own risk and at our own expense. There's no request for the state to continue to put in additional development cash, and there is certainly no right or expectation for Glenfarn to be reimbursed for any of our development expenses by the state.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:43

Bert Stedman

“what is the economic impact of this— concession being asked for on the pipeline itself, not the conditioning plant, not the liquefaction plant, but the pipeline, and how does it move the economic model and cash flows.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:14

Adam Prestidge

“The 2060 is a timeline that sets out a few years for construction period followed by 30 years of operations and 30 years of debt service payments.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:52

Adam Prestidge

“I have heard quite a few times that Gaffney Klein has made comments about a 10-year abatement in comparison, even going so far as to say that he thinks that Gaffney Klein's opinion is that the project only needs a 10-year abatement. That is factually not correct. The Department of Revenue has a financial model that would back that up. If there were to be a shorter-term abatement that then ended reverted back to 20 mils, it would severely challenge the economics of the project, and lenders and investors would simply look at that 30-year forecast, they would calculate the tax reduction during that short period of time, and then the financial burden on the project if the tax were returned up to 20 mils, and as I said, that really makes the project not— Yes. That really challenges the project's viability.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:16

Adam Prestidge

“Senator Simpson, we'd be happy to work on something and put something together. To answer that question. We work with Department of Revenue and also just independently as well.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:26

Jesse Kiehl

“What about ownership of project assets and intellectual property, whether that's the FERC license permits or engineering studies or those things. How is ownership of those resolved? God forbid this thing doesn't go. Senator Keel, through the chair, those would stay with 8 Star.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

0:41

Adam Prestidge

“if Glenfarm were to determine the project had failed or if Glenfarm were to decide to abandon the project, we wouldn't have any way to seek any recourse or any reimbursement for what we have done.”

Alaska Legislature: Senate Finance - June 16, 2026 9:00am · Jun 16, 2026

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