“Today’s<Monday> outcome reinforces that fossil fuel development in Cook Inlet is no longer a sound investment,” said one campaigner. “Alaskans know our climate crisis is no joke and are ready to move beyond the fossil fuel era.” Environmentalists in Alaska and beyond pointed to the oil and gas industry’s lack of interest in a Friday […]
WASHINGTON – Bidding in last week’s Cook Inlet oil and gas lease sale revealed a notable reluctance from the fossil fuel industry to pursue risky development in Alaska waters, despite insistence from Big Oil-friendly legislators that the sale was necessary. The December 30 sale was previously canceled by the Biden administration due to “a lack of […]
“It is unacceptable that certain companies and industries are engaged in extreme price hikes under the cover of inflation,” said Rep. Raja Krishnamoorthi. A report released Friday by a panel of the U.S. House Committee on Oversight and Reform highlighted how “certain corporations are using the cover of inflation to raise prices excessively, resulting in record […]
ANCHORAGE – Yesterday, Senator Bill Wielechowski, D-Anchorage, and Senator Scott Kawasaki, D-Fairbanks, wrote to Alaska Attorney General Treg Taylor urging the Department of Law to investigate Alaska’s excessively high fuel prices and determine if Alaskans are experiencing price gouging. According to AAA, Alaska consumer prices for motor fuel have risen 42.4 cents on average in […]