Residents of Western Alaska bush communities could see an increase in the price of gas, stove and heating oil. And that price may not come down any time soon.
Energy & Mining
Hilcorp fined for its response to Cook Inlet and North Slope leaks
Oil and gas company Hilcorp paid federal regulators $180,500 for taking too long to inspect and repair dozens of leaks in Cook Inlet and on the North Slope.
Alaska sees a swift drop in the value of its Russian investments and looks to sell
Revenue Commissioner Lucinda Mahoney said the value of state-held Russian investments has declined from $267 million at the end of 2021 to a current estimate of no more than $15 million.
What the ban on Russian oil could mean for Alaska
President Biden announced on Tuesday a ban on Russian oil and gas imports to the U.S.
Gov. Dunleavy directs state to take steps to divest from Russia
He also requested further actions from the federal government and Alaska businesses and individuals.
Copper Valley Electric Association is considering a nuclear power plant
If Copper Valley’s board decides to move ahead on the project, it would be Alaska’s first commercial nuclear-powered electrical-generating station.