Proposal would reopen over 80% of the reserve, advancing American Energy Dominance and national security WASHINGTON — The Department of the Interior Tuesday announced a new step to support American energy independence and unleash the vast resource potential of Alaska’s National Petroleum Reserve. A draft analysis released for public comment today supports the selection of […]
Governor Mike Dunleavy signed the Fiscal Year 2026 budget for the State of Alaska on June 12, 2025. After vetoes, the state budget amounts to $14.7 billion. The Spring Revenue Forecast projected $68 per barrel oil in FY2026. However, market dynamics have changed since March. The state has experienced lower oil prices, and oil […]
WASHINGTON, D.C. – Thursday, Congressman Nick Begich (R-AK) released the following statement on the House passage of the rescissions package: “Today, I voted in favor of the rescissions package, H.R. 4, a necessary step for restoring fiscal responsibility in our nation. America has been built on principles of freedom of expression, self-determination, sovereignty, personal responsibility, and […]
JUNEAU — Due to the passage of Ballot Measure 1 in November 2024, Alaska’s minimum wage will increase to $13.00 per hour on July 1, 2025. It will subsequently increase to $14.00 on July 1, 2026, and to $15.00 on July 1, 2027. Thereafter, the minimum wage will be adjusted annually for inflation starting January […]