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Economy

AKLNG’s proposed gas contract highlights the project’s underlying challenge: There just aren’t that many Alaskans

Commentary Matt Acuña Buxton -
The AKLNG special session continued this week, giving more clarity on what will be an undeniably difficult project, no matter the subsidy lawmakers ultimately approve.
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‘You’d be crying at the pump’: This Alaska village’s gas was $8.44 — before the Iran war

Economy Nathaniel Herz, Northern Journal -
Gas and heating fuel prices in rural Alaska were already high. An impending spike from the Iran war could "wipe out" communities.
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Risk-averse legislators dismiss the AKLNG ‘razzle dazzle’ to drill down on the giga-project’s details

Commentary Matt Acuña Buxton -
The biggest takeaway from the first full week of hearings on Gov. Mike Dunleavy’s proposed multi-billion-dollar, multi-decade subsidy for the natural gas pipeline project is that the state sure is lucky that lawmakers’ efforts to rush the bill through didn’t pan out.
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Trump’s war triggers extraordinary GVEA price hike, $46 a month

Commentary Dermot Cole -
The average residential member of the Golden Valley Electric Association will see a $46 monthly increase in electric bills next month.
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Following bruising last-minute push for AKLNG subsidy, legislators slow it down for the special session

Commentary Matt Acuña Buxton -
Lawmakers adjourned the regular session on Wednesday in a largely uneventful final day, at least compared to the mayhem of Monday's attempt to force through a multibillion-dollar subsidy in the form of state and local tax cuts.
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Dunleavy vetoes pension bill after legislators try and fail to pass massive pipeline subsidy

News Matt Acuña Buxton -
Under the gun to pass a bill by midnight or face a veto of the public pension bill, lawmakers in the House tried to slam through the AKLNG bill.
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CORRECTION: Tech firm sponsoring Adam Crum summit awarded $4M+ more than we reported

Economy The Alaska Current -
We have made corrections to the original article, which brings the total value of Alaska contracts awarded to firms affiliated with Saige Consulting Chairman Peter Corsell closer to $90M than the $80M figure we used. 
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‘We’re trying.’ Legislators warn AKLNG project may be too large a lift for session’s final days

Commentary Matt Acuña Buxton -
On Monday, the Alaska Legislature appointed the conference committee on the operating budget, kicking off the 24-hour period that allows meetings to be noticed a day in advance and starting the final mad dash to adjournment on May 20.
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AIDEA to spend $190 million on ANWR with no public review or public hearing

Oil & Gas Dermot Cole -
The rubber-stamp board of the Alaska Industrial Development and Export Authority is likely to vote Wednesday to approve a $190 million ANWR spending plan.
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Tech vendor sponsored revenue chief Adam Crum’s nonprofit, then he awarded $90M+ in state contracts

Economy Victoria Petersen -
A free glacier cruise for state treasurers preceded public contracts to firms tied to a data infrastructure investor building the most ambitious natural gas plant in the world
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