Economy & Business
RSSEconomy & Business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It covers municipal budgets, infrastructure and airport planning, federal grants and contracts, employment trends, and energy development across Alaska.
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Sunday, Oct 25
State labor department holds Fairbanks job fair Thursday at Morris Thompson Center
Alaska Labor Department holds a job fair Thursday, Oct. 29, at Fairbanks' Morris Thompson Center, not its usual spot.

Saturday, Oct 24
Company says Skagway's old Starlite Room isn't historic and asks to move it
A Skagway business says the old Starlite Room, built around 2000, isn't historic and wants it out of the historic district. The commission weighs in Monday.

Skagway planners weigh where to claim the borough's last 118 acres of state land
Skagway has 118 acres of state land left to claim. Planners will discuss Tuesday whether to take 55 highway acres held since 1997 or pick elsewhere.

Forest Service to replace 39-year-old Sitka oil boiler with electric heat and a heat pump
The Forest Service hired a Ketchikan firm for about $285,000 to swap a 39-year-old Sitka oil boiler for electric heat and a heat pump. Sitka runs on hydro.

Fairbanks advisory committee to elect seven, with Ambler no-hunting corridor on agenda
Fairbanks' fish and game advisory committee elects seven members Nov. 11, then turns to the Ambler Road no-hunting corridor it already voted 13-0 against.

Northwest Arctic Borough energy plan finds fuel use down 2.1%, short of 10% goal
The Northwest Arctic cut imported fuel use 2.1% from 2008 to 2024, missing a 10% goal. Stove oil costs $27.60 a gallon in Ambler, the borough's plan says.

Petro Marine wants a new Wrangell fuel dock, saying its floats nearly touch bottom
Petro Marine says its Wrangell fuel floats nearly touch bottom at low tide, which isn't great for fuel barges. It wants to tear them out and build new ones.

Ketchikan planners to rehear parking variance for KIC's planned shelter after notice error
Ketchikan planners will rehear KIC's request to build a four-story shelter with one parking space instead of 24, after some neighbors weren't mailed notice.

More from Economy & Business
Santos will hold Pikka near 70,000 barrels a day for now, short of its 80,000 target
Pikka briefly hit an 80,000-barrel daily rate, then bad weather and a road crash intervened. Santos will hold near 70,000 so water injection can catch up.

Shareholders sign off on Northrim's purchase of Oregon bank, its first move outside Alaska
Shareholders of both banks signed off on Northrim buying an Oregon bank Oct. 20. Now four regulators get a say before Northrim plants its flag outside Alaska.

Sitka planners recommend banning data centers in every zone, not by permit
Sitka's planners want data centers banned in every zone, not allowed by permit. Most people who testified agreed. Now it's up to the Assembly.

Palmer Project companies ask the state to extend their exploration approval to 2033
Two companies want until 2033, not 2028, for the drilling and test pits the state approved at the Palmer copper prospect near Haines. Comments due Nov. 6.

Homer may ask the federal government to review its air service as boardings drop
Homer's mayor wants the city to ask the feds to review its air service. Boardings there have fallen by more than a third in two years. Valdez did the same in 2024.

State proposes a 25-year tidelands lease for Goldbelt's Douglas Island cruise port
The state wants to lease Goldbelt 152 acres of tidelands for its west Douglas cruise port, for 25 years, not the 55 it asked for. Crabbers may feel it.

Kenai nonprofit seeks permit to open a therapeutic daycare on Beaver Loop Road
A Kenai nonprofit wants to turn an empty former group home into a daycare for up to 20 kids, including kids with disabilities. The city takes it up Wednesday.

Ex-Polar LNG chief says Russia's Novatek supplied undisclosed startup funding
Polar LNG Russian financing

About Economy & Business
Economy and business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It is the broad subject that holds narrower topics such as business, energy, oil and gas, mining, aviation and tourism.
Much of it runs through public bodies, with municipal assemblies approving contracts and planning decisions, state agencies leasing land and selling gravel and rock, and AIDEA lending to industry. Recurring questions concern infrastructure such as harbors, airports, roads and water and sewer lines, along with housing and zoning rules, energy supply, labor contracts, federal grants and military construction.
Its decisions reach every part of the state, from Anchorage and the Mat-Su to Kodiak, Cordova, Haines and the North Slope. Federal and military spending, resource development and Alaska Native corporation ventures all feed into the economy.
More from Economy & Business
Friday, Oct 23
Murkowski tells AFN fuel prices are wrong and ties them to the Iran war
Murkowski told AFN high fuel prices are wrong and blamed the Iran war. She said she's voted for six months to end it. The Senate record says closer to five.

Committee drops visitors bureau chief from Ketchikan's planned tourism board
A Ketchikan committee cut the visitors bureau chief from the city's planned tourism board, with a member saying the board may someday review the bureau's work.

State lets seismic survey near Beluga reach across the Castle Mountain Fault
The state let a Houston seismic company redraw its lines in the Susitna Flats refuge so one reaches across the Castle Mountain Fault. Nobody commented.

New book on Alaska's microgrids collects stories of the people behind them
A new book profiles Alaska's microgrids and the people behind them, including a woman who signed her letters for village power "Housewife, Stony River."

Rose, Holdmann say Southcentral gas imports look unavoidable and urge state policy
The founders of REAP and UAF's energy center say Southcentral probably can't avoid importing gas, and want a new governor to "knock heads" among utilities.

State proposes full leases for Alaska LNG pipeline route, replacing conditional leases
The state proposed Friday to give Alaska LNG full leases for its 807-mile pipeline route. Closed financing, final contracts and a tax deal are still pending.

Alaska Supreme Court upholds borough's denial of Anchor Point gravel pit permit
The Alaska Supreme Court upheld the denial of an Anchor Point gravel pit after an eight-year fight, saying the owner's must-approve reading defies common sense.

USDA will back loans of up to $175 million for seafood plants in $5 billion program
USDA says seafood plants can apply for federally backed loans of up to $175 million starting Tuesday. Its own program page still says the money is pending.

Solomon tribe helps buy Nome's utility a bucket truck with federal grid money
The Village of Solomon put $125,000 toward a bucket truck for Nome's utility. It's the first tribe in its Bering Strait consortium to start spending its share.

Alaska students can propose a glacier name for the Tustumena's replacement ferry
Alaska students can pitch a name for the Tustumena's replacement ferry, as long as it's a glacier, and the Legislature gets the final say. Essays due Nov. 23.

Proposal deadlines have passed on two Air Force plans to lease Eielson land
Bids were due this summer on Air Force plans to lease Eielson land for AI data centers and for housing. Fairbanks' mayor flagged it in July. No winner yet.

Geist Road clinic seeks permit to expand and approval for a lot it already built
After its rezone deadlocked planners, a Geist Road orthopedic clinic seeks a permit to expand. Its new parking lot got built before it got permitted.

NOAA finalizes call for bids to run its Fairbanks satellite station
NOAA made its call for a company to run its Fairbanks satellite station official. What changed from last week's draft? Mostly the word "draft."

UAF honors Cordova Electric CEO Clay Koplin for microgrid work in Cordova
UAF honored Cordova Electric CEO Clay Koplin for microgrid work in a town with no outside power line, a few months before he takes over Matanuska Electric.

State moves to expand lease for Alyeschem's North Slope methanol and diesel plant
The state moved Friday to give Alyeschem's North Slope methanol and diesel plant a bit more elbow room, adding 11.7 acres to its lease and dropping 9.22.

Cape Blossom Road closes for second stage of project to cut Kotzebue freight costs
The road south of Kotzebue toward Cape Blossom is closed for the second stage of construction on a project meant to cut freight costs for the region.

Alaska Marine Lines raises its Western and Arctic barge fuel surcharge to 16.5%
Alaska Marine Lines raised its fuel surcharge on barge freight to Western and Arctic Alaska to 16.5%, more than double what it charged at the end of 2024.

Port MacKenzie would freeze 2027 dock rates and add fees for guards and late ships
Port MacKenzie would hold dock rates flat next year and add fees for armed guards and late ships. A commissioner says it has "a problem with no traffic."

Corps proposes raising and rebuilding Ketchikan's Bar Harbor breakwaters
Army Corps plans to raise and rebuild Ketchikan's deteriorating Bar Harbor breakwaters, protecting moorage for 520 fishing boats. Public comments on the draft plan are due Nov. 21.

Seward asks residents how to ease congestion between harbor, cruise dock and downtown
Seward wants ideas on easing navigation and congestion between its harbor, cruise dock and downtown, and is asking for them at an open house Tuesday.

Regulators approve Golden Valley's plan for rolling outages in the Interior
State regulators approved Golden Valley's rolling-outage plan, so if the Interior runs short of power, zones take turns in the dark for up to an hour.

Energy official says Alaska tribal projects draw about half of $125 million federal selection
The U.S. Energy Department picked 20 Alaska tribal projects for about half of a $125 million funding round, covering power plants from Noatak to Port Graham.

Begich tells AFN Southcentral Foundation land transfer is law; Sullivan lists his bills
Begich told AFN the Southcentral Foundation land transfer was signed this week, and he and Sullivan walked delegates through their other laws and stalled bills.

Homer port director recommends inflation increases for most 2027 dock and harbor rates
Homer's port director wants most dock fees to rise with inflation. He's also eyeing Anchorage, where a cargo surcharge nearly triples in January.
