Less than ten years after oil started flowing, Alaska’s economy cratered. The recession was quick and deep. Ten banks failed, real estate values plummeted and tens of thousands of people fled the state. It was Alaska’s great recession, 20 years before the rest of the country went through almost the same thing.
Annie Feidt, Alaska’s Energy Desk
How Alaska decided to give its oil wealth to everyone in the state | MIDNIGHT OIL: Episode 05
In Alaska, we don’t pay income tax. We don’t pay state sales tax. But once a year every man, woman and child gets a cut of the state’s oil wealth. There are plenty of other oil states in the world, but Alaska is the only one that treats residents like shareholders and sends them dividend checks every year.
Ask a Climatologist: Remembering the record breaking July snow
Back in 1970 on July 19, it snowed 9.7 inches at the Summit weather station just south of Cantwell on the Parks Highway.
Ask a Climatologist: Utqiagvik ends above normal temperature streak
Residents of Utqiagvik have experienced above normal temperatures for the last 17 months. But a cooler than normal June will end that streak.
Ask a Climatologist: Summer solstice
This year’s summer solstice happens at 8:24 pm Tuesday in Alaska.
Ask a Climatologist: Alaska’s hottest temp ever matches Hawaii’s
There has only been one 100 degree reading in Alaska, at Fort Yukon in 1915. That ties Hawaii for their warmest temperature on record.





