Economy & Business
RSSAlaska News covers state economic issues including cannabis banking, state dividends, and business development opportunities.
A remote Kodiak village tries tp fix its water
Karluk — a village 88 miles from Kodiak city, ringed by refuge — is replacing its failing water system, closing a gap most of America never has to think about.

In a quiet Kenai neighborhood, a fight over how many homes is too many
A developer wants townhouses and a six-plex on a quiet Kenai dead-end — the most density the zone allows — and at least one neighbor isn't sold on the traffic.

A Fairbanks lot split turns up permit and floodway snags
A routine lot-line change near Noyes Slough surfaced a few snags — an unpermitted garage, a too-close house, and a floodway where you can't dig without an engineer's OK.

Murkowski backs bill to open banking to Alaska cannabis businesses
Alaska's weed shops are legal, licensed, taxed — and still can't get a bank account, running on cash since 2014. Murkowski wants to end the duffel-bag era.

A widely felt quake rattled Southcentral Alaska on Saturday
A magnitude 4.2 quake near Hope shook Anchorage and the Kenai on Saturday night. Early estimates ran higher, but the reviewed magnitude is small, and no damage was reported.

On the Kenai, a cabin tests the river's 50-foot buffer
As peak season packs the Kenai, a company wants to build a cabin inside the 50-foot buffer that keeps development off the river's salmon-bearing banks.

Decades-old rules cap buildings at a Tudor Road corner. The Assembly may start to lift them.
SCF spent nearly a year of review just to build a greenhouse. Now the Assembly weighs easing 40-year-old building limits at its Tudor and Patterson corner.

Juneau harbor board considers $2.5M ADOT grant bids, insurance surcharge cut
Juneau's harbor board backed a $2.5 million state grant bid for two projects and recommended cutting the uninsured moorage surcharge to $1.00 per linear foot from $1.50.

Matanuska Electric offers free EV chargers to local businesses, but hosts pay install costs
MEA is giving away EV chargers to Mat-Su hosts — but only the box is free; the host pays to install it, and the co-op pockets three years of charging data.

Kodiak eyes 3% marijuana tax
Kodiak Assembly members proposed a 3% marijuana tax that would raise roughly $135,000 to $150,000 yearly for health, housing, and childcare programs if voters approve it in October.

M4.2 earthquake shakes area west of Hope
Shake shake shake

Mountain Village airport gets federally funded snow removal building
Alaska is replacing Mountain Village Airport's snow removal building with a 5 to 10 million dollar federally funded project to keep the runway clear through winter.

Alaska's gas-pipeline bill now carries a tax on Hilcorp and others
A permanent tax on pass-through oil companies like Hilcorp is riding inside Alaska's gas-pipeline bill — and it kicks in by 2028 whether the pipeline gets built or not.

A pass-through tax, not the pipeline, is the real fight in Juneau
A conference committee spent two days on Alaska's $44B gas line, and the sharpest fight was over a pass-through tax on Hilcorp that doesn't need the pipeline to exist.

Federal money built Alaska's recent growth — now it's receding fastest here
Federal dollars drove about half of Alaska's economic growth since 2015. Now the federal workforce is shrinking faster here than almost anywhere — and rural Alaska feels it most.

Kodiak Assembly weighs new revenue and unlocks unused savings
Kodiak's assembly worked both ends of its budget: a possible tax on nonresidents who take most of its deer, and a discount account it had but never used.

The number that quietly sets the state budget: a barrel of oil
Alaska's budget is a bet on oil — and the state's own forecast is banking on crude leaping to $91 a barrel by summer, so "coming out ahead" rides on a guess, not a high price.

A Florida company wants to expand a big offshore oil unit on the edge of ANWR
A Florida company wants to expand an offshore oil unit on the edge of ANWR — and the state tagged it "approved" before comments even opened. Weigh in by July 21.

A Wasilla surgery center just raised $2.65M in private equity. Here is what that pattern means for Mat-Su healthcare.
Surgery Center of Wasilla raised $2.65 million from five investors across two private equity rounds in 2026, according to SEC filings, but did not disclose how it plans to use the money.

Two new directors join the GVEA board that sets Interior power rates
Dave Messier and Philip Wight just won seats on GVEA's board — the member-owned body that sets Interior power rates. Their first day on the job? A fuel-supply vote.

Why Alaska is giving out-of-staters more kings as the runs falter
Alaska just doubled out-of-staters' king limit in Southeast even as kings struggle elsewhere — because these are treaty-quota ocean fish, and visitors foot much of the state's fishing-budget bill.

What APA's ice-road permit signals for the eastern North Slope
A state notice for "ice construction and off-road travel" sounds dull — until you notice it's APA Corp staging a winter drilling run on the eastern North Slope.

A Spenard Pot Shop Changes Hands as Anchorage's Market Cools
A Spenard dispensary is rebranding under new owners — a small sign of a bigger shift, as Anchorage's pot tax take slips and the early gold-rush crowd thins out.

The EPA's No. 2 told Alaska's resource industry the door is open — for now
The EPA's deputy came to Anchorage to tell the resource industry the feds are clearing the way — and the message from the room was: hurry, before the politics flip.

Anchorage Assembly unanimously passes veteran-owned business preference ordinance
Anchorage Assembly unanimously passed a veteran-owned business preference for city contracts, letting qualifying vets match the lowest bid rather than automatically winning at higher cost.

A neighborhood drinking arsenic-tainted well water wants help paying to join the city system
A Sand Lake street says its shared wells are laced with arsenic and wants help connecting to city water — reviving the question of who pays for private wells.

Anchorage Platting Board to weigh Canyon Road trail easement vacation
Anchorage Platting Board will decide July 1 whether to eliminate a Canyon Road walking path so a developer can build a house on a vacant lot near Flat Top trailhead.

Alaska Is Selling Off Pieces of Itself — to Alaskans First
Alaska is auctioning 152 pieces of itself — residents only, no warranties, sometimes no road, and the state reserves the right to give your remote dream lot some neighbors.

iHeart local cuts reach KGOT and KENI in Anchorage radio shakeup
iHeartMedia cut longtime Anchorage radio hosts Casey Bieber and Amy Demboski as the company shifts from local programming to national content, narrowing Alaska's local media landscape.

When the electric co-op sprays herbicide near your well, what are you owed?
MEA's spraying herbicide near Knik-Goose Bay. Alaska's strict notice rules cover only government land — so near your private well, what you're owed is mostly MEA's call.

One Floodplain Study Stands Between Fairbanks and a Finished River Walk
Fairbanks is one riverside stretch from a downtown-to-University trail — but that last piece sits in the floodplain, so engineers have to prove it won't flood the neighbors first.

A Corner of the Port of Anchorage Is Becoming a Park
Anchorage Platting Board splits 48-acre port parcel into industrial and parkland tracts on Government Hill. • Site sits in highest seismic-hazard zone, raising engineering concerns for waterfront. • State wants easement reserved for potential Knik Arm bridge to Mat-Su.

Pebble Mine's challenge to EPA reaches an Anchorage court Thursday.
Pebble vs. EPA hits Anchorage federal court Thursday. The salmon, the State of Alaska, and a major mineral deposit all want a say.

Anchorage Moves to Fix One of Its Most Dangerous Streets
Anchorage is finally redesigning Bragaw Street — no bike lanes, disappearing sidewalks, nowhere for the snow — with mostly federal money and a six-year timeline.

North Slope, Fairbanks, Valdez sue over pipeline tax values
Three Alaska municipalities sued June 22 over how pipeline companies value their assets for local taxes, challenging assessments that affect borough and city revenue.

Federal regulators renew HEX authorization for Cook Inlet marine-mammal harassment
Federal regulators renewed HEX Operating's permit to incidentally harass marine mammals during natural gas work in Cook Inlet through September 2027.

Hilcorp wants five years to drive across North Slope subsistence land
A company wants 5 years to drive industrial rigs across North Slope tundra people hunt on. The real fight is who sets the rules, and when.

Homer's co-op is opening the door to community solar — with a fee and a six-month wait
Homer's electric co-op wants to let members share community solar — for an upfront fee, monthly charges, and a six-month wait after it's even approved. Baby steps.

Two Things Worth Watching at the Marijuana Board
Alaska's marijuana board meets in Fairbanks, where a license sale comes with baggage and growers renew their gripe that untaxed hemp THC is eating their lunch.

Point Thomson is the remote gas field Alaska's pipeline dream depends on
You know Prudhoe Bay. You probably don't know Point Thomson — the remote, pricey field Alaska's whole pipeline dream quietly leans on. And it's stirring.
