Imagine your family’s biggest source of income plummeting by 80 percent in one year. At today’s oil prices, that’s Alaska’s situation. The state’s oil and gas production tax is expected to bring the state $524 million in the current fiscal year, a shocking drop from the $2.6 billion collected last year. But that’s only part […]
After reading Carey Restino’s piece published in the Arctic Sounder and then the response to her article by Rex Rock, I felt compelled to add to the mix. Rock wrote in his rebuttal to Restino’s story that “Shell estimates that suspension of drilling activities, mobilization, mooring, drilling a relief well and killing the flow using […]
Wow, I had barely recommended repealing the laws that restrict U.S. oil exports as part of an overall ramping up of competition in global oil markets when news hit that the Saudis were cutting the price of oil shipped to the U.S. The price of oil has been zigzagging downward since then—much to the benefit […]
Dear Alaska Native News As we wait for the final ballots to be counted, Byron and I have been overwhelmed by the widespread support and endorsements we have received from Alaskans all over the state. This race is not yet over, but we remain optimistic that we will maintain our lead as absentee votes are counted in […]