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Alaska Republican Gov. Mike Dunleavy unveiled a budget plan Thursday that would pay residents an oil-wealth dividend of about $3,400 next year using a formula that lawmakers have all but abandoned ...
Nearly every Alaskan will receive a $1,312 check starting this week, their annual share from the earnings of the state’s nest-egg oil fund. Squabbling over the oil checks' size has resulted in ...
Checks from Alaska's oil-wealth fund will begin going out to residents three months early, Gov. Mike Dunleavy said, citing economic hardships caused by the coronavirus. ... This year's check is ...
JUNEAU, Alaska (AP) — President-elect Donald Trump promised repeatedly during his campaign to expand oil drilling in the U.S., which is good news for political leaders in Alaska, where oil is the economic lifeblood and many felt the Biden administration has obstructed efforts to boost the state's diminished production.
The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
In an aggressive move that angered Republicans, the Biden administration canceled the seven remaining oil and gas leases in Alaska's Arctic National Wildlife Refuge on Wednesday, overturning sales ...
Prudhoe Bay on Alaska's North Slope is the highest yielding oil field in the United States and on North America, typically producing about 400,000 barrels per day (64,000 m 3 /d). The Trans-Alaska Pipeline can pump up to 2.1 million barrels (330,000 m 3 ) of crude oil per day, more than any other crude oil pipeline in the United States.
Larry Persily at Skagway News office in May 2019. Larry Persily (born October 10, 1951) is a newspaper publisher and former Federal Coordinator of the Alaska Natural Gas Transportation Projects 2010–2015. The office was charged with coordinating federal agency responses to private-sector efforts to develop a natural gas pipeline from Alaska's ...