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After Alaska North Slope crude oil prices hit a record low in April 2020, they’ve risen to more than $100 per barrel.
Prices in the state have gone up by more than 50% since 2020, according to federal data, causing headaches for buyers and dealers alike.
After hearing concerns about transparency, commissioners argued the monthly meetings had little-to-no attendance and were often canceled.
Alyeska Resort is building a $6.6 million development to house workers. Companies are also turning to a former state ferry and military housing to provide accommodations.
Teck American, a subsidiary of Teck Resources, wants permission to expand its exploration in Northwest Alaska. One of the zinc prospects could be especially large, the state has said.
Corri Feige was appointed in 2018 at the start of Gov. Mike Dunleavy’s administration.
The violations by Silver Bay Seafoods date back to 2017, the state said, and include discharging millions of pounds more fish waste into the Naknek River than they were allowed to dump.
The low of 4.9% is a sharp reversal from two years earlier, when the pandemic caused record-high unemployment. It highlights an extremely tight labor market in Alaska, creating headaches for employers.
The Copper River Princess Wilderness Lodge, a jumping off point for guests visiting Wrangell-St. Elias National Park and Preserve, will close in mid-June.
Klawock plans to build a floating dock to accept cruise ships and bring guests to Prince of Wales Island.
Juneau has the highest home prices, but Ketchikan’s also soared. Houses in Anchorage often sold before they hit the market.
Regenerate Alaska, a subsidiary of Australia-based 88 Energy, was one of just three entities and the only oil company to vie for the 10-year leases in the sale, which attracted no major companies.
The longer dock will enable cruise companies to bring in ships that can haul around 4,500 passengers, more than the roughly 2,500-passenger ships coming to Seward now.
Anchorage also gets a Crumbl Cookies location, a Tex-Mex restaurant, a paint store and a walking tour business, and a coffee shop has expanded.
AltaGas said it will sell Enstar to another Canada-based company.