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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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Tuesday, Jun 23

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage Moves to Fix One of Its Most Dangerous Streets

Anchorage housing resource fair Friday at Mountain View Library

Anchorage brings housing agencies, the DMV, and homeless services to Mountain View Library on Friday, June 26, 11 a.m. to 3 p.m., walk-in and free.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage housing resource fair Friday at Mountain View Library

Monday, Jun 22

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.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Alaska
Cover image for article: North Slope, Fairbanks, Valdez sue over pipeline tax values

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Federal regulators renew HEX authorization for Cook Inlet marine-mammal harassment

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.

Bill AlaskaNewsby Bill AlaskaNews4mo ago2 min read
Cover image for article: Hilcorp wants five years to drive across North Slope subsistence land

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Homer's co-op is opening the door to community solar — with a fee and a six-month wait

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Two Things Worth Watching at the Marijuana Board

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.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Point Thomson is the remote gas field Alaska's pipeline dream depends on

More from Economy & Business

Juneau Power Bills Could Jump 20 Percent This Summer

Juneau's only electric utility wants to raise bills about 20 percent — and thanks to "refundable" interim rates, you start paying the higher price before anyone decides it's fair.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min readFrom
Cover image for article: Juneau Power Bills Could Jump 20 Percent This Summer

Kotzebue's backup runway is closing for construction, starting at night

In a roadless region the airport is the road. Kotzebue's bad-weather backup runway is closing for construction — nights first, then around the clock.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: Kotzebue's backup runway is closing for construction, starting at night

A Hoonah Corporation Quietly Builds a Cruise Empire

Huna Totem Corporation, the Alaska Native village corporation for Hoonah, is expanding its cruise business by adding its own vessels to a fleet that already operates ports across Southeast Alaska.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Southeast Alaska
Cover image for article: A Hoonah Corporation Quietly Builds a Cruise Empire

$2.2 million in federal trail money will fund 15 Alaska projects

Alaska handed trail money to its highway department, rebranded it ATLAS, and split $2.2M across 15 projects, from a new snow groomer to an Iditarod bridge.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: $2.2 million in federal trail money will fund 15 Alaska projects

Matanuska Electric wants members to go renewable without a rooftop, but it hasn't said what it costs

Matanuska Electric wants you to go renewable without the rooftop. What it'll cost, and whether non-subscribers help pay, is the part nobody's said yet.

Alaska Newsby Alaska News4mo ago1 min read
Matanuska-Susitna Borough, Alaska
Cover image for article: Matanuska Electric wants members to go renewable without a rooftop, but it hasn't said what it costs

This Juneau utility filing won't change your bill, but the rate case behind it could

Alaska Electric Light & Power filed some "housekeeping" for Juneau bills. Boring, sure, but don't confuse it with the separate case where it actually wants more money.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: This Juneau utility filing won't change your bill, but the rate case behind it could

The $16 Gas Promise Comes With Fine Print

The gas line's headline $16 price is firm — until you notice it's quoted in the wrong unit, climbs with inflation before any gas arrives, and gets policed by a commission missing half its top staff.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: The $16 Gas Promise Comes With Fine Print

Sunday, Jun 21

A Chugach e-bike rule became a fight over who belongs in the backcountry

The Chugach reminded everyone e-bikes can't use hiking trails. The comment section promptly declared war.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Chugach National Forest, Alaska
Cover image for article: A Chugach e-bike rule became a fight over who belongs in the backcountry

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

Alaska's legal cannabis growers say tax-free synthetic THC is sinking them

Alaska's legal weed growers pay the nation's highest pot tax, then get undercut by tax-free THC from the mailbox. They'd like a word.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Alaska's legal cannabis growers say tax-free synthetic THC is sinking them

Alaska's LNG tax break now hinges on a gas line to Fairbanks

Alaska's LNG tax break now has a price: $80M, a labor deal, and a Fairbanks spur line before Glenfarne sees any relief.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Alaska's LNG tax break now hinges on a gas line to Fairbanks

What the Senate Changed in the Gas-Line Deal

The Senate's gas-line rewrite caps your gas price, leashes the state's pipeline agency, and lets the boroughs pocket most of the tax money for decades before the state takes its cut.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Cover image for article: What the Senate Changed in the Gas-Line Deal

Chukchi Campus is getting ADA and fire-safety upgrades after 14 years on the master plan

Chukchi Campus in Kotzebue is finally getting ADA upgrades. The needs were identified in a UAF master plan back in 2011-2012.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: Chukchi Campus is getting ADA and fire-safety upgrades after 14 years on the master plan

Anchorage Assembly set to award $1.35M in homeless housing grants to five nonprofits

Anchorage Assembly votes June 23 on $1.35 million in housing grants to five nonprofits serving homeless people and domestic violence survivors.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage Assembly set to award $1.35M in homeless housing grants to five nonprofits

NMFS issues renewal IHA to HEX Operating for Cook Inlet natural gas activities

Federal regulators renewed a permit letting HEX Operating produce natural gas in Cook Inlet while monitoring disturbance to beluga whales and other marine mammals that share the inlet.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: NMFS issues renewal IHA to HEX Operating for Cook Inlet natural gas activities

A union-labor fight is breaking out over who builds Alaska's gas line

Alaska's forever-promised gas line finally has a fight worth watching — a union-labor mandate, a governor hopeful crying foul, and no one's seen the actual text.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: A union-labor fight is breaking out over who builds Alaska's gas line

AIDEA authorized $190 million for ANWR — backed by Kaktovik, the residents

AIDEA put $190M behind ANWR seismic and lease bidding. Kaktovik — the only community inside the refuge — strongly supported it.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Arctic National Wildlife Refuge, Alaska
Cover image for article: AIDEA authorized $190 million for ANWR — backed by Kaktovik, the residents

Saturday, Jun 20

Anchorage Assembly to consider AMEA-ASEA merger recognition June 23

Anchorage Assembly votes June 23 on recognizing ASEA as the bargaining representative for municipal employees after a union merger took effect in April.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage Assembly to consider AMEA-ASEA merger recognition June 23

Anchorage Assembly to vote on downtown sidewalk and ADA repairs

Anchorage Assembly votes Monday on a $1.77 million contract to repair crumbling downtown sidewalks and fix curb ramps that don't meet federal accessibility rules.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage Assembly to vote on downtown sidewalk and ADA repairs

Alaska's Mental Health Trust will log old-growth near Hollis to fund care

Alaska's Mental Health Trust is logging old-growth near Hollis to fund care for vulnerable Alaskans. Good cause, complicated trees.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Hollis, Prince of Wales Island, Alaska
Cover image for article: Alaska's Mental Health Trust will log old-growth near Hollis to fund care

Alaska Senate digs in on gas tax bill, sends it to conference

Alaska Senate refused to back down on HB 381, sending the natural gas pipeline tax bill to a conference committee to resolve how to tax the Alaska LNG Project and fund municipalities and schools.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Alaska Senate digs in on gas tax bill, sends it to conference

Alaska House recesses 10 days as gas line conference committee begins

We all know they're trying, but they very well may be intending for different outcomes when it comes to Alaska's LNG.

Walter AlaskaNewsby Walter AlaskaNews4mo ago4 min read
Cover image for article: Alaska House recesses 10 days as gas line conference committee begins

Coeur Alaska's Berners Bay dock got federal approval for pile driving

Coeur Alaska got federal approval to disturb marine mammals during dock repairs at Berners Bay — one of Southeast Alaska's richest bays.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Berners Bay, Alaska
Cover image for article: Coeur Alaska's Berners Bay dock got federal approval for pile driving

Anchorage Assembly to vote on $76M Eagle River road deal with sole bidder

Anchorage Assembly votes Tuesday on a $76 million road maintenance contract for Eagle River, Chugiak, and Birchwood with McKenna Brothers, the only bidder.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: Anchorage Assembly to vote on $76M Eagle River road deal with sole bidder

Girdwood pot shop, Bird Creek grow op seek Anchorage license renewals

Two marijuana licenses in Girdwood and Bird Creek are up for renewal, with Anchorage having until early July to formally object.

Alaska Newsby Alaska Newsadded 4mo ago1 min read
Girdwood and Bird Creek, Anchorage
Cover image for article: Girdwood pot shop, Bird Creek grow op seek Anchorage license renewals

Anchorage Assembly considers $1.75M federal grant to replace port's 1960s electrical system

Anchorage Assembly considered a $1.75 million federal grant to replace the Port of Alaska's 1960s electrical system, but the port must find $33.25 million more for the $35 million project.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage Assembly considers $1.75M federal grant to replace port's 1960s electrical system

Pilot killed in Piper Pacer crash 40 miles southeast of Cordova

A pilot flying solo between Yakutat and Fairbanks was found dead Friday after an Alaska Air National Guard helicopter located the crashed Piper Pacer near Kanak Island, about 40 miles southeast of Cordova.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Pilot killed in Piper Pacer crash 40 miles southeast of Cordova

GVEA seats new District 2 director, adopts nine bylaw changes

Philip Wight won a Golden Valley Electric Association board seat with 76% of the vote, and members approved nine bylaw changes, both taking effect at the June 23 board meeting.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min readFrom
Cover image for article: GVEA seats new District 2 director, adopts nine bylaw changes

Alaska Senate passes S-corp LNG tax with 2028 effective date

Alaska Senate passed a tax on oil and gas pass-through entities, effective 2028, after rejecting an immediate start date. The state estimates the tax will recover more than $400 million annually once the LNG project reaches full production.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Cover image for article: Alaska Senate passes S-corp LNG tax with 2028 effective date

Friday, Jun 19

Senate passes gas-line bill; Dunleavy immediately calls lawmakers back to rewrite it

Special session concludes without passage of a gasline bill, and now the question is if this is an end to negotiations or if they'll continue tomorrow. The Governor thinks they're close.

Cale Greenby Cale Green4mo ago3 min read
Cover image for article: Senate passes gas-line bill; Dunleavy immediately calls lawmakers back to rewrite it

Anchorage Assembly votes Tuesday on an $859K Eklutna River study

The Anchorage Assembly's $859K Eklutna study isn't a small procurement — it's part of a decades-long fight over fish, hydropower, and tribal claims.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage Assembly votes Tuesday on an $859K Eklutna River study

Tidal energy permit application opens in Isanotski Strait near False Pass

Tidal energy permit in Isanotski Strait. Small ask. Alaska has the biggest U.S. tidal resource, and Cook Inlet gas is running down.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Isanotski Strait, Alaska Peninsula, Alaska
Cover image for article: Tidal energy permit application opens in Isanotski Strait near False Pass

A new Mat-Su road would cross the ground its drinking water comes from

The Mat-Su drinks only groundwater — and keeps building over it. A new road would cross two drinking-water zones near a creek with a known PFAS problem.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: A new Mat-Su road would cross the ground its drinking water comes from