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Economy

AIDEA discovers reasons to keep $268,000 study secret

Commentary Dermot Cole -
It was three weeks ago that Randy Ruaro told legislators that he knew of “no reason” why he would continue to keep a $250,000 state-funded study of AIDEA secret.
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Legislators consider cutting pot taxes, but the industry is split on move to sales tax

Economy Matt Acuña Buxton -
One of the long-running legislative goals of Alaska’s recreational marijuana industry is to graduate from the original tax structure from 2014.
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U.S. Rep. Nick Begich told legislators to get on board with the LNG pipeline project. They’ve got questions.

Oil & Gas Matt Acuña Buxton -
Alaska U.S. Republican Rep. Nick Begich’s annual address to the Alaska Legislature this week included an unusually direct order to legislators.
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Spiking prices are a reminder Alaska really needs to get off the oil roller coaster

Commentary Matt Acuña Buxton -
This commentary was originally published in AK Memo. After a muted initial reaction to Trump kicking off a war with Iran, oil prices soared to nearly $120 a barrel in early trading on Monday amid fears that it was going...
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Drop the hysteria: AIDEA reform package has real potential

Commentary Dermot Cole -
AIDEA’s investment decisions are almost always driven by the politics of whoever is governor at the moment.
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Adam Crum blasted for ‘overall lack of diligence’ on handling $225 million in savings

Economy Dermot Cole -
This story was originally published by Dermot Cole, Reporting from Alaska. It didn’t take a $350,000 contract with WilmerHale to determine that Revenue Commissioner Adam Crum failed to conduct “rigorous due diligence” when he decided to take up to $225 million in...
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Gov. Dunleavy Working with DigitalBridge to Build Data Centers in Alaska

Economy The Alaska Current -
Alaska’s former revenue commissioner and current gubernatorial candidate, Adam Crum, is under fire from lawmakers for committing up to $75 million of the state’s primary rainy day fund to a risky and opaque private equity venture – during a...
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What does Trump’s vow to ‘indefinitely’ take over Venezuela’s oil mean for Alaska? Not much, at least for now

Economy Matt Acuña Buxton -
President Donald Trump’s invasion of Venezuela and his pledge to control the country's oil sales “indefinitely” raises massive geopolitical issues.
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AIDEA pays consultant again for ‘independent’ analysis that remains secret

Commentary Dermot Cole -
Northern Economics completed an “independent” $250,000 economic analysis of AIDEA nearly two years ago and was paid in full.
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Alaska’s $44 billion bet on natural gas

Economy Victoria Petersen -
No-bid deals, undisclosed contracts, and millions already spent: inside the wild story of the Alaska gas pipeline that will not die.
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