State-owned corporation managing the Alaska Permanent Fund — the $80+ billion sovereign wealth fund built from oil royalties that pays the annual Permanent Fund Dividend to residents.
801 W 10th St #302, Juneau, AK 99801, USA
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AIDEA approves $190 million for ANWR seismic surveys and lease evaluation
AIDEA Board just approved $190 million for ANWR seismic work and potential new lease bids in June 2026, banking on incoming Trump administration to reverse Biden-era restrictions that made previous leases economically unviable. This represents one of Alaska's largest-ever investments in Arctic oil development.
by Walter AlaskaNews1mo ago2 min readAIAlaska
Remote Alaska villages pay $6.63 per gallon as fuel costs strain budgets
by Alaska News2mo ago3 min readAIRemote Alaska villages
Senate panel approves $485 million Department of Revenue budget
The Senate Finance Subcommittee on the Department of Revenue forwarded a $485.1 million budget recommendation to the full Finance Committee, including new auditor positions and rejecting structural changes to the Alaska Permanent Fund Corporation.
by Alaska Newsadded 2mo ago2 min readAIAlaska
Alaska Lawmakers Propose Legislative Oversight of $80B Permanent Fund Board
House committee considers requiring legislative confirmation of Alaska Permanent Fund Corporation trustees for the first time since 1982, though constitutional concerns may require a constitutional amendment.
by Alaska News2mo ago3 min readAIAlaska