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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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Saturday, Jul 4

Alaska LNG tax bill advances as working draft, disputes unresolved

Alaska lawmakers advanced a working draft of HB 381, the tax framework for Alaska LNG, but disputes over the alternative volumetric tax remain unresolved.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago3 min read
Alaska
Cover image for article: Alaska LNG tax bill advances as working draft, disputes unresolved

Juneau weighs what kind of cruise town it wants to be

Juneau's tourism task force is drafting criteria for whether its cruise-ship limits should ever change — with Goldbelt's proposed new docks adding pressure to the question.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Juneau weighs what kind of cruise town it wants to be

Kenai weighs spending city money to develop a city-owned parcel

Kenai votes Wednesday on spending $54,219 to subdivide city land and partner with a developer — though the agenda doesn't say how many lots or what would go there.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Kenai weighs spending city money to develop a city-owned parcel

Kenai moves to clear six pieces of public land for sale

Kenai's council votes Wednesday to strip "public purpose" status from six city parcels, the step before selling them — on a consent agenda, with no public hearing.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Kenai moves to clear six pieces of public land for sale

An Anchorage shelter contract has grown from $1 million to nearly $5 million in a year

A homeless-shelter contract the Anchorage Assembly approved at $1 million a year ago has grown to nearly $5 million. It votes on another $500,000 increase Wednesday.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: An Anchorage shelter contract has grown from $1 million to nearly $5 million in a year

Surgery Center of Wasilla discloses $2.65M in completed equity raises

Surgery Center of Wasilla raised $2.65 million in private equity through two closed offerings, joining a wave of corporate investment in Alaska's outpatient surgery centers.

Melinda Communities.Newsby Melinda Communities.Newsadded 4mo ago1 min read
Cover image for article: Surgery Center of Wasilla discloses $2.65M in completed equity raises

Alaska Airlines crews could lose state break protections

A federal proposal would strip state-guaranteed meal and rest breaks from airline crews, including Alaska Airlines flight attendants — leaving only the federal standard in place.

Alaska Newsby Alaska News4mo ago1 min read
United States
Cover image for article: Alaska Airlines crews could lose state break protections

A fish truck rolled on the Seward Highway, cutting off the road into town before the Fourth

A fish truck rolled on the Seward Highway late Friday, scattering its load and closing the road into town for hours — just as crowds arrived for the Fourth and Mount Marathon.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Seward Highway, Kenai Peninsula, Alaska
Cover image for article: A fish truck rolled on the Seward Highway, cutting off the road into town before the Fourth

More from Economy & Business

A developer wants to build homes and shops on a city lot in Kodiak — if the city sells

A developer wants to build six apartments and six shops on a vacant Kodiak city lot — a $1.6M project. First the council has to decide whether to sell the land.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: A developer wants to build homes and shops on a city lot in Kodiak — if the city sells

Friday, Jul 3

Anchorage Assembly to consider buying two wetland lots for under $30,000

Anchorage Assembly votes July 7 to buy two wetland lots in Laurel Acres for under $30,000 to generate credits that offset wetland damage from future development projects.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: Anchorage Assembly to consider buying two wetland lots for under $30,000

Where Alaska's gas-line tax deal stands, and what's still stuck

Lawmakers have a working Alaska LNG tax deal — a $16 ratepayer price cap, a required Fairbanks spur line, and two unresolved fights over legality and Kenai's school costs.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Where Alaska's gas-line tax deal stands, and what's still stuck

Trump pardons an Alaska diesel mechanic, reigniting a fight over emissions rules

Trump pardoned a Wasilla diesel mechanic who removed truck pollution controls — a cold-weather fix, Sullivan says; eroded clean-air enforcement, critics say.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Trump pardons an Alaska diesel mechanic, reigniting a fight over emissions rules

Alaska raises unemployment benefits, updates travel insurance law

Alaska raised its maximum weekly unemployment benefit to $470, the first increase since 2009, and will adjust it annually going forward.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: Alaska raises unemployment benefits, updates travel insurance law

One lane closed on the Alaska Highway at the Johnson River Bridge, through Sunday

One westbound lane of the Alaska Highway is closed at the Johnson River Bridge, about 42 miles south of Delta Junction, through Sunday evening. Expect single-lane traffic control.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Alaska Highway near Delta Junction, Alaska
Cover image for article: One lane closed on the Alaska Highway at the Johnson River Bridge, through Sunday

Anchorage takes another run at 'missing middle' housing

Anchorage may let owners along transit corridors build duplexes and fourplexes on single-family lots — a narrower second try at a denser-housing idea that stalled last fall.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage takes another run at 'missing middle' housing

Nearly $1 million for Anchorage's safety net goes to an Assembly vote

Anchorage's Assembly votes July 7 on nearly $978,000 for nine nonprofits that feed the homeless, shelter abuse survivors, and help families and kids in crisis.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Nearly $1 million for Anchorage's safety net goes to an Assembly vote

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

Buried under the Kenai refuge: seismic data on a stranded Cook Inlet gas find is about to go public

As Southcentral eyes a gas shortage, old seismic data on Shadura — an undeveloped Cook Inlet gas find near Nikiski, stuck under the Kenai refuge — is set to go public.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cook Inlet, Alaska
Cover image for article: Buried under the Kenai refuge: seismic data on a stranded Cook Inlet gas find is about to go public

An Alaska village will own its solar power — and sell it back to the utility

A state grant puts village-owned solar and batteries in Allakaket, letting it sell power to its utility instead of buying diesel. A second grant expands a hydro project.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: An Alaska village will own its solar power — and sell it back to the utility

Thursday, Jul 2

Juneau isn't changing its cruise caps — it's deciding how to decide

Juneau's tourism task force isn't touching its cruise ship limits yet — it's building the criteria future officials would use to change them, with new docks looming as the pressure point.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Juneau isn't changing its cruise caps — it's deciding how to decide

A Fairbanks clinic wants to expand. Staff recommend denying the rezone it's seeking.

A Fairbanks clinic wants a rezone to expand its medical building. Staff recommend denial over reduced protections for nearby homes; the commission decides July 14.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: A Fairbanks clinic wants to expand. Staff recommend denying the rezone it's seeking.

Anchorage weighs selling a fire-damaged lot below market to a housing nonprofit

Anchorage votes July 7 on a below-market sale of a fire-damaged lot to a housing nonprofit: a blight fix to some, a fairness question to others after the bid failed.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage weighs selling a fire-damaged lot below market to a housing nonprofit

A new tower roof could eat half of Juneau airport's reserve, as pilots push for more

Juneau's airport board may spend nearly half its small reserve on a new tower roof — as 50+ pilots dispute a master plan that claims no unmet demand for fuel.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: A new tower roof could eat half of Juneau airport's reserve, as pilots push for more

On the roadless North Slope, the villages' winter road is made of snow

On the roadless North Slope, a snow trail is how cut-off villages get winter fuel. A Native-owned company builds it — across fragile tundra and caribou country.

Bill AlaskaNewsby Bill AlaskaNews4mo ago2 min read
Cover image for article: On the roadless North Slope, the villages' winter road is made of snow

A new power line is proposed through a historic Delta park

A utility wants to run a new power line through Big Delta State Historical Park to reach a nearby boat launch — open for public comment through July 31.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: A new power line is proposed through a historic Delta park

The public can't sit in as the Railbelt reworks your power costs

The body redrawing how Railbelt transmission costs get split is meeting behind closed doors this week — legal under its own bylaws, though the binding decisions still face public review.

Melinda Communities.Newsby Melinda Communities.News4mo ago1 min read
Southcentral Alaska
Cover image for article: The public can't sit in as the Railbelt reworks your power costs

One corner of Homer pays an extra tax to keep the water moving

In one waterside corner of Homer, owners pay an extra 1-mill tax the rest of the city doesn't — to fund their own storm drains. The council just voted to keep charging it.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago1 min read
Cover image for article: One corner of Homer pays an extra tax to keep the water moving

The FAA wants to end the 50-year ban on supersonic flight — and Alaska has the sky for it

Supersonic flight over the U.S. has been banned since 1973. The FAA wants to lift it — and few states have more empty sky for boomless supersonic jets than Alaska.

Alaska Newsby Alaska News4mo ago2 min read
United States
Cover image for article: The FAA wants to end the 50-year ban on supersonic flight — and Alaska has the sky for it

A washout severs a Delta Junction road — again

A washout closed Cummings Road in Delta Junction, cutting off a stretch residents partly maintain themselves — the kind of weather hit Interior roads keep taking.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: A washout severs a Delta Junction road — again

Job and training help for western Alaska's storm-displaced residents

Months after last October's storms displaced western Alaska residents, the state has gathered job and training help for them, part of a still-growing recovery effort.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Job and training help for western Alaska's storm-displaced residents

Anchorage planners count 21 stalled projects as Assembly weighs housing overlay

Anchorage votes July 7 on a zoning change to let "missing middle" housing — duplexes, townhomes, smaller-lot homes — rise along its transit corridors.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage planners count 21 stalled projects as Assembly weighs housing overlay

Alaska's best shot at a new federal fertilizer grant is an idle Nikiski plant — if it can get the gas

A new $500M federal program funds fertilizer plants. Alaska's one real candidate — the idled Nikiski plant — is stuck on Cook Inlet's gas shortage, not on money.

Melinda Communities.Newsby Melinda Communities.News4mo ago2 min read
Cover image for article: Alaska's best shot at a new federal fertilizer grant is an idle Nikiski plant — if it can get the gas

Kipnuk is being pieced back together, one boardwalk at a time

Alaska closes its federal disaster recovery updates as Typhoon Halong rebuilding continues in Kipnuk, with over 12,000 feet of boardwalk restored but federal funding delays still slowing the work.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Kipnuk is being pieced back together, one boardwalk at a time

A landslide has closed the Dalton Highway, the main road to the North Slope

A rain-triggered landslide closed the Dalton Highway north of Coldfoot on Monday — blocking the main road to the North Slope and the freight bound for the oil fields.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Dalton Highway, Central Brooks Range, Alaska
Cover image for article: A landslide has closed the Dalton Highway, the main road to the North Slope

When the Coast Guard searches, Sitka's sky can close

A Coast Guard search shut a patch of low airspace over Sitka for two days — a small disruption elsewhere, but real in a roadbound town that flies for a living.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: When the Coast Guard searches, Sitka's sky can close

After decades, King Cove's road may finally be coming

Decades of fighting for a road to Cold Bay's all-weather airport — a lifeline in emergencies. Now $18 million in construction money puts it closer than ever.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: After decades, King Cove's road may finally be coming

Alaska's development bank meets behind closed doors on the Arctic Refuge, a mining road, and a port

Alaska's state investment bank meets privately July 8 on its biggest bets — Arctic Refuge oil, the Ambler mining road, Port MacKenzie — with public money on the line.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Alaska
Cover image for article: Alaska's development bank meets behind closed doors on the Arctic Refuge, a mining road, and a port

The road rebuild behind Spenard's makeover

Anchorage is planning to rebuild Chugach Way — the road running through the heart of Spenard's revival, where old strip clubs and gas stations are becoming new housing.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: The road rebuild behind Spenard's makeover

A new federal complaint line for Alaska's rural producers

Alaska farmers and ranchers fed up with federal enforcement have a new complaint portal — though in a state where Washington controls the land, it's a new ear, not a remedy.

Melinda Communities.Newsby Melinda Communities.News4mo ago2 min read
United States
Cover image for article: A new federal complaint line for Alaska's rural producers

ConocoPhillips is finding new oil in the Kuparuk field, in rock decades of drilling missed

The Kuparuk field has fallen 80% since its 1992 peak, but ConocoPhillips is reviving it by tapping Coyote and other reservoirs that older drilling technology overlooked.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 4mo ago2 min read
Kuparuk River Unit, North Slope, Alaska
Cover image for article: ConocoPhillips is finding new oil in the Kuparuk field, in rock decades of drilling missed

A Knik Arm bridge easement survives — and so does the debate

Anchorage kept a Knik Arm Crossing easement on a port plat — a small vote that keeps alive a long-debated bridge backers call vital resiliency and skeptics call unfunded.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: A Knik Arm bridge easement survives — and so does the debate