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Economy & Business

Economy & 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, Aug 9

Anchorage Assembly weights resolution would back JBER buildout as base housing nears full

Anchorage weighs committing to planning for a military buildup of up to 1,050 personnel, on a base whose family housing is already 98% full.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Anchorage Assembly weights resolution would back JBER buildout as base housing nears full

Juneau pilots pay $12 a gallon for fuel, and want an alternative to the airport's only seller

Juneau pilots pay over $12 a gallon for avgas, about 50% more than Anchorage, from the airport's only seller. Fifty-plus want a self-serve option added.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Juneau pilots pay $12 a gallon for fuel, and want an alternative to the airport's only seller

Kodiak fish waste hauler is only applicant for former cannery site

A fish waste hauler is the only applicant for Kodiak's deteriorating former cannery site, and the city council must decide whether to sell.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Kodiak fish waste hauler is only applicant for former cannery site

A Kodiak homeowner takes his flooded yard to the borough board

A Kodiak homeowner is fed up with a too-small, often-clogged borough pipe flooding his yard, and he's taking his complaint to the service-area board Tuesday.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: A Kodiak homeowner takes his flooded yard to the borough board

A Chugach substation rebuild draws a neighbor's concern over transformers near a home

A Chugach substation rebuild in south Anchorage draws a neighbor's concern over two nearby transformers, with a hearing before the planning commission Monday.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: A Chugach substation rebuild draws a neighbor's concern over transformers near a home

A company is drilling near Cantwell for the source of half a million ounces of gold

A company wants to drill near Cantwell for the lost source of 500,000+ ounces of gold pulled from the Valdez Creek district's creeks.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago2 min read
Cover image for article: A company is drilling near Cantwell for the source of half a million ounces of gold

Matanuska Electric goes on taproom tour as members absorb rising rates and a looming gas cliff

MEA's CEO is hitting the taprooms to meet members — right as they absorb a rate hike, brace for 5%-a-year increases, and face a 2029 gas cliff.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Matanuska Electric goes on taproom tour as members absorb rising rates and a looming gas cliff

Saturday, Aug 8

Kodiak will homeport the Coast Guard's first Arctic Security Cutters

Kodiak will homeport the Coast Guard's first two Arctic Security Cutters, part of a multibillion-dollar Arctic buildup, with a third headed to Seward.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Kodiak will homeport the Coast Guard's first Arctic Security Cutters

More from Economy & Business

Juneau's paratransit service for seniors has failed riders for nine months

A 96-year-old left at Foodland, 25 calls for one trip: Juneau's paratransit for seniors has failed nine months, the commission says — and the city renewed it.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Juneau's paratransit service for seniors has failed riders for nine months

King Cove road materials arrive on scene as local workers hit another milestone in the development of a contested project

A barge of equipment for the long-disputed King Cove-Cold Bay Road has reached King Cove, though the fight over the route through Izembek refuge continues.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: King Cove road materials arrive on scene as local workers hit another milestone in the development of a contested project

Cook Inlet's oil and gas discharge rules expired in 2021, and EPA is finally rewriting them

The rules for what oil and gas exploration can discharge into federal Cook Inlet waters expired in 2021 and have run on an extension. EPA is rewriting them.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Cook Inlet's oil and gas discharge rules expired in 2021, and EPA is finally rewriting them

Bethel weighs a climbing fee to force action on empty buildings

A draft Bethel ordinance would make owners of empty buildings register and pay a fee that climbs the longer they sit vacant: $100, $500, then $1,000-plus.

Alaska Newsby Alaska News3mo ago1 min read
Cover image for article: Bethel weighs a climbing fee to force action on empty buildings

Potter Drive designs test Anchorage guidance on in-street bike lanes

Anchorage planners will review four design options for Potter Drive that would add its first sidewalks and bike lanes, though two conflict with a city plan recommending a separated bikeway.

Walter AlaskaNewsby Walter AlaskaNewsadded 3mo ago2 min read
Potter Drive, Anchorage
Cover image for article: Potter Drive designs test Anchorage guidance on in-street bike lanes

A Whittier man trying to sell booze on a family glacier-tour boat

A Whittier man is fighting a plan to serve alcohol on the family Ptarmigan glacier-tour boat, which has run dry for decades. The Assembly decides by Aug. 15.

Walter AlaskaNewsby Walter AlaskaNewsadded 3mo ago1 min read
Portage Lake, Alaska
Cover image for article: A Whittier man trying to sell booze on a family glacier-tour boat

A Larsen Bay spillway is 'nearing failure' and unfunded in Kodiak's list

A spillway supplying Larsen Bay's water and power is "nearing failure," but the $1.2 million fix isn't funded and ranks sixth, in Kodiak's out-year pile.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Kodiak Island, Alaska
Cover image for article: A Larsen Bay spillway is 'nearing failure' and unfunded in Kodiak's list

Peltola's energy platform draws fire from both sides in the race

Mary Peltola rolled out an energy platform in her Senate race against Dan Sullivan, drawing rebuttals from his campaign and from Alaska environmental groups.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago2 min read
Cover image for article: Peltola's energy platform draws fire from both sides in the race

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

The state is drilling test holes for a Seward Highway fix, as a bigger $1.5 billion plan draws fire

The state is rebidding a routine Seward Highway drilling job, but the real fight is a $1.5 billion rebuild up the road that critics call oversized.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Turnagain Pass, Alaska
Cover image for article: The state is drilling test holes for a Seward Highway fix, as a bigger $1.5 billion plan draws fire

Sitka's Coast Guard cutter dock clears review; work set for 2026

Sitka's Coast Guard cutter dock cleared its environmental review, with waterfront construction set to run from 2026 to 2028.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 3mo ago1 min read
Cover image for article: Sitka's Coast Guard cutter dock clears review; work set for 2026

Friday, Aug 7

The 5th and 6th avenue rebuild just hit $370 million — and even planners are flagging "scope creep"

Anchorage's 5th and 6th avenue rebuild just hit $370 million with no clear way to pay for it — and even the city's planners are flagging scope creep.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: The 5th and 6th avenue rebuild just hit $370 million — and even planners are flagging "scope creep"

Electric bills would rise in Bethel, Yakutat and 50-plus rural communities

Electric bills would rise about 4.75% in Bethel, Yakutat and 50-plus rural communities under an AVEC proposal, on customers already paying several times urban rates.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago2 min read
Rural Alaska
Cover image for article: Electric bills would rise in Bethel, Yakutat and 50-plus rural communities

Sitka Harbor Office closes at noon Friday, reopens Monday

Sitka Harbor Office closes at noon Friday and reopens Monday, leaving boat owners and fishers without walk-in service or phone access until then. Call 907-738-0835 for emergencies.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Sitka Harbor Office closes at noon Friday, reopens Monday

Anchorage asked to raise bus tire contract authority by $500,000

Anchorage needs up to $500K more for tires on its 63 city buses, which it leases rather than owns, as leasing and labor costs rise — funded by bonds and grants.

Walter AlaskaNewsby Walter AlaskaNewsadded 3mo ago1 min read
Cover image for article: Anchorage asked to raise bus tire contract authority by $500,000

Fairbanks inventors patent an ultra-light meal for the backcountry

Fairbanks scientists and a hunting expert patented a powdered meal for people who burn more calories than they can carry: hunters, racers, special ops.

Melinda Communities.Newsby Melinda Communities.News3mo ago3 min readFrom
Cover image for article: Fairbanks inventors patent an ultra-light meal for the backcountry

Sitka's old pulp mill site keeps filling up — another lot goes out for development

Sitka is seeking a developer for another lot at its former pulp mill site — long mostly empty after the mill's 1993 closure, and now steadily filling up.

Melinda Communities.Newsby Melinda Communities.News3mo ago1 min read
Cover image for article: Sitka's old pulp mill site keeps filling up — another lot goes out for development

Hughes $25 billion pitch: connect Alaska's railroad to Canada, and Nome to the Interior

Candidate Shelley Hughes wants to link Alaska's railroad to Canada and reach Nome — a roughly $25 billion pitch with no identified funding source.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Nome to Nenana, Alaska
Cover image for article: Hughes $25 billion pitch: connect Alaska's railroad to Canada, and Nome to the Interior

Rural road access was Alaska's biggest federal award last week

Tribal transportation was Alaska's biggest federal award last week — $2.68 million for rural road access, in a state with fewer road miles than Connecticut.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago1 min read
Cover image for article: Rural road access was Alaska's biggest federal award last week

Thursday, Aug 6

Anchorage board vacates a Glen Alps public easement the city paid $130K to acquire

Anchorage's board gave a Glen Alps lot a public easement the city paid $130K for — over objections it's still access to big public land with few ways in.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Anchorage board vacates a Glen Alps public easement the city paid $130K to acquire

In Talkeetna, a debate over whether weather or a bridge is eroding the riverbank

Weather, or a rebuilt railroad bridge? As Talkeetna's bank erodes, one river-watcher says the bridge choked the river — and that's the fixable cause.

Bill AlaskaNewsby Bill AlaskaNews3mo ago1 min read
Cover image for article: In Talkeetna, a debate over whether weather or a bridge is eroding the riverbank

Alaska moves to open child care assistance to more working families

Alaska wants to raise the income ceiling for child care assistance from 85 to 105 percent of the state median, though it's contested whether the expansion needs new money.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Alaska moves to open child care assistance to more working families

As Anchorage cements its role as a global cargo hub, the growth is colliding with its neighbors

Anchorage's cargo boom brings nighttime jet noise — and a new study warns the fixes might just shift it from one neighborhood to another, not end it.

Alaska Newsby Alaska News3mo ago2 min read
Cover image for article: As Anchorage cements its role as a global cargo hub, the growth is colliding with its neighbors

Landowner gets variance to split land off Wasilla-Fishhook Road

A landowner near Wasilla-Fishhook Road, a route to Hatcher Pass, got a variance to split his land after the state barred new lots from tying directly into the road.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Wasilla, Alaska
Cover image for article: Landowner gets variance to split land off Wasilla-Fishhook Road

Hilcorp says opposing the tax isn't opposing the gas line

Hilcorp told the gas-line caucus that opposing a targeted tax on the company isn't opposing the pipeline, even as that tax deadlocks the bill in Juneau.

Walter AlaskaNewsby Walter AlaskaNews3mo ago3 min read
Cover image for article: Hilcorp says opposing the tax isn't opposing the gas line

Enstar tells Alaska Gas Line Caucus it could be 18 days short of gas this winter

Enstar told lawmakers it could run 18 days short of gas this winter if Cook Inlet supply stays low, but the Alaska LNG pipeline pitched to fix the problem won't arrive in time to help.

Walter AlaskaNewsby Walter AlaskaNews3mo ago3 min read
Southcentral Alaska
Cover image for article: Enstar tells Alaska Gas Line Caucus it could be 18 days short of gas this winter

Kenai council approves $775,000 for Sixth Street water, sewer, road work

Kenai City Council approved 775000 dollars for Sixth Street infrastructure. The project will serve new senior housing but stop short of future development sites.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Kenai council approves $775,000 for Sixth Street water, sewer, road work

Anchorage seeks 50 acres of JBER land for a waste-to-energy plant

Anchorage is asking Congress for about 50 acres of JBER land next to the landfill for a waste-to-energy plant, with the request riding in this year's defense bill.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Anchorage seeks 50 acres of JBER land for a waste-to-energy plant

A plan would move Anchorage's bike route off the highways onto trails

Anchorage's official cross-country bike route runs on highway shoulders. A plan would move it onto the city's trails — the Seward corridor stays contested.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: A plan would move Anchorage's bike route off the highways onto trails

Coast Guard asks Homer to accept transfer of cutter support building

Homer City Council votes Aug. 24 on accepting ownership of a Coast Guard cutter support building. • The ordinance does not specify maintenance costs or operational details the city would assume. • Residents can testify at the 6 p.m. public hearing.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Coast Guard asks Homer to accept transfer of cutter support building

New law ties Anchorage's federal housing grant to how fast it builds

Anchorage's biggest federal housing grant will now rise or fall with how fast the city builds, raising the question of whether it'll be punished for constraints it can't control.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: New law ties Anchorage's federal housing grant to how fast it builds

A landslide cut rail service to Denali after record Talkeetna rain

A landslide from record July rain cut off Alaska Railroad service to Denali north of Talkeetna, in a corridor already under a flood-and-erosion emergency.

Melinda Communities.Newsby Melinda Communities.News3mo ago1 min read
Talkeetna to Denali, Alaska
Cover image for article: A landslide cut rail service to Denali after record Talkeetna rain

Wednesday, Aug 5

Anchorage union deals would sweeten benefits amid a labor shortage

Two union contracts before the Anchorage Assembly would sweeten benefits — rehire leave credit, easier holiday pay, master's tuition — for a labor shortage.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Anchorage union deals would sweeten benefits amid a labor shortage