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The Legislature is in its 10th year of struggling to balance Alaskans’ wishes and wants for a large Permanent Fund dividend with the checkbook reality that is much less than the wants. It’s been an annual political and fiscal battle ever since Gov. Bill Walker in 2016 bravely cut that year’s PFD in half after legislators had approved an unaffordable dividend while the state budget was in a deep billion-dollar deficit, made worse by low oil prices. Mike Dunleavy, who was then a state senator, vowed to push legislation to undo the gover...
WRANGELL — The port commission has recommended to the Wrangell Borough Assembly approval of an ordinance that would require owners who moor their vessels at a reserved spot in Wrangell harbors to either provide proof of marine insurance or pay a monthly surcharge on their moorage fee. Officials have been considering since 2022 adding the new requirement to municipal code to help shield the borough from the cost of raising and disposing of boats that sink in the harbors. “The cost of recovering sunken vessels has significantly increased, and...
Alaska officials who say the stars are aligned for the long-dreamt, long-on-the-odds multibillion-dollar North Slope natural gas project are confusing shiny stars with black holes. Like the black hole the state already has poured close to a billion dollars into over the past two decades, thinking that international markets would like expensive Alaska gas better than lower-risk, less costly gas from anywhere else. But unlike black holes, where the force of gravity is so strong that nothing escapes, the Alaska gas line dream continues to survive...
