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Alaska historian Terrence Cole Since the completion of the Trans-Alaska Pipeline System in 1977, the government of the state of Alaska has been reliant on taxes paid by oil producers and shippers. Prior to 1976, Alaska's personal income tax rate was 14.5 percent—the highest in the United States. The gross state product was $8 billion, and Alaskans earned $5 billion in personal income. Thirty ...
History. The Alaska corporation commonly known as Alyeska Pipeline Company was founded in 1970 to design, construct, operate and maintain a pipeline to transport oil from the fields on the North Slope of Alaska where oil was discovered in 1968 to an ice-free deep-water port in Valdez, Alaska. The pipeline was built between March 1975 and June ...
The construction of the Trans-Alaska Pipeline System included over 800 miles (1,300 km) of oil pipeline, 12 pump stations, and a new tanker port.Built largely on permafrost during 1975–77 between Prudhoe Bay and Valdez, Alaska, the $8 billion effort required tens of thousands of people, often working in extreme temperatures and conditions, the invention of specialized construction techniques ...
William James Allen (April 6, 1937 – June 29, 2022) was an American businessman who was the CEO of the Alaska oilfield services company VECO Corporation. VECO was an Alaska-based oil pipeline service and construction company founded by Wayne Veltri (VECO is short for Veltri Co). Bill Allen was born in Socorro, New Mexico, and at the age of 16 ...
Environmental groups on Wednesday petitioned the U.S. Department of Interior to review climate impacts related to the decades-old trans-Alaska pipeline system and develop a plan for a “managed ...
The Trans-Alaska Pipeline Authorization Act of 1973 is a United States federal law signed by US President Richard Nixon on November 16, 1973, that authorized the building of an oil pipeline connecting the North Slope of Alaska to Port Valdez. Specifically, it halted all legal challenges, which were filed primarily by environmental activists ...
Frank P. Moolin Jr. (1934–1982) was the senior engineer in charge of the construction of the Trans-Alaska Pipeline System. [1] [2] He graduated from the University of Chicago magna cum laude with an engineering degree. [3] Moolin worked on various projects, including a refinery in Singapore and San Francisco 's Bay Area Rapid Transit System. [3]
1,300 mi (2,100 km) The Exxon Valdez oil spill was a major environmental disaster that made worldwide headlines in the spring of 1989 and occurred in Alaska 's Prince William Sound on March 24, 1989. The spill occurred when Exxon Valdez, an oil supertanker owned by Exxon Shipping Company, bound for Long Beach, California, struck Prince William ...