Economic Report 9-2018

Economic Report 9-2018

In this Issue: State government Fiscal plan is signed – now comes the hard part Minerals Pebble changes its mine plan Energy DOE new energy tech grants Deal signed on Fairbanks LNG Transportation Bering Sea traffic rules agreed Health care Health plan consolidation talks Petroleum State gas corporation says it has sufficient funds to get to FID Gas corporation asks AIDEA for financing, and is rebuffed Is this why legislators are wary of AGDC? Doyon now drilling Nenana well BLM…

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Economic Report 8-2018

Economic Report 8-2018

In this Issue: NGO investor lobbying appears to pay on Pebble ANWR lease sale could come as early as July, 2019 Energy Siemens: LNG to Fairbanks Railbelt utilities, on coordination Minerals Pebble says it will replace First Quantum Minerals for mine Eielson’s Air Force expansion: Fairbanks wants guarantee on housing Business Intelligence New downtown Anchorage residential project underway GCI revenues hit by federal rural hospital cuts ACS revenues also dip, but consumer services income rises UAF selected to participate in…

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Economic Report 7-2018

Economic Report 7-2018

In this Issue: Still a deficit, and more to be done Legislature takes big step in closing fiscal gap Zinc prices drive up Red Dog Mine profits, and NANA royalties Energy Fairbanks EPA clean energy loans Low water slows Southeast hydro Report out from railbelt consultant Energy projects in state budget Economy Consumer confidence ticks up Infrastructure $87.2 million in IT upgrades Legislature snubs governor’s gas project Alaska LNG soliciting investors, needs lawmakers’ permission Business Intelligence Air carriers lay on…

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Economic Report 6-2018

Economic Report 6-2018

In this Issue: What has the dithering in Legislature cost us? The cost of fiscal uncertainty: Investment losses State’s recession drags on but job loss eases Transportation Alaska Railroad back in the black Fisheries 2018 will be a low year for salmon Tough year for Southeast charters Petroleum More oil discovered on North Slope DOI begins fast-track ANWR EIS Eni bullish; plans new investment Edison Chouest fleet arriving Steel tariffs won’t hit Ak LNG hard Health care SEARHC, Wrangell Medical…

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Economic Report 5-2018

Economic Report 5-2018

In this Issue: A push for new oil taxes from state House Legislature careens toward end-game; fiscal structure key issue Alaska LNG delayed a year; Chinese pay a visit Energy HEA votes down solar, for now Siemens talks with IGU on gas 50% energy savings on power unit Telecom GCI invests in Kenai upgrades “Scoping” for project’s EIS is underway Army Corps launches Pebble Mine regulatory process Anchorage election results show voters optimistic, upbeat Business Intelligence Anchorage home sales prices…

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Economic Report 4-2018

Economic Report 4-2018

In this Issue: Alaska fits energy diversification, Arctic strategy China LNG deal for real? Independent expert says yes, maybe Recession lingers, but is flattening; are we near bottom? Energy Healy 2 coal plant to start up State’s largest solar array in Fairbanks Kenai to get gas from its land fill 30 million gallons fuel savings Residential kilowatt (kWh) rate comparison Environmental groups ready to do battle Interior plans accelerated reviews for ANWR leasing Business Intelligence Farmers do better with Mat-Su…

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Economic Report 3-2018

Economic Report 3-2018

In this Issue: $1 billion local payroll appears set to grow Business booms at Anchorage’s airport, driven by cargo Special report: Salmon initiative; HB 199; new habitat permits Transportation Mat-Su has new hopes for federal grant to complete rail extension to port Minerals Trilogy Metals completes Preliminary Feasibility Study for Arctic deposit Pebble Partnership back in the eld this summer Economy Alaska wages dropped in third quarter

Economic Report 2-2018

Economic Report 2-2018

In this Issue: Oil, mining and defense increases offset other decline Construction spending to rise 4 percent in 2018 Production from Alpine, Kuparuk oil fields increased in 2017 Energy Goldman Sachs values ML&P Infrastructure: Inventory underway on Inlet pipelines A new look at Nome for Arctic port Climate change: New report on health effects Municipal: Juneau wants to expand to Admiralty Backlog of work is rising again State deferred maintenance now totals $1.87 billion State gas corporation to solicit first…

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Business Intelligence

Business Intelligence

NEW GROUP TAKES CONTROL OF SKAGWAY WATERFRONT, RAILROAD An Alaska-based port and vessel operations group, Survey Point Holdings of Ketchikan, will purchase the Canadian-owned White Pass and Yukon Route, a historic railroad in Skagway, as well as related docks and shoreside uplands in a $290 million deal that will close July 31. Three other companies, Rail Management Services, Progeny 3 Inc. and Miami-based Carnival Corp. through its Alaska subsidiary Holland America, will be partners in the deal, with Carnival having…

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Fisheries

Fisheries

Western, gulf region employment State Dept. of Labor and Workforce Development data shows the only two regions of the state showing job growth in April were Southwest and Gulf Coast regions, both up 400 jobs compared with April 2017. The seafood industry is important in both regions. *** Seafood economics of Aleutians A new McDowell Group study of the seafood industry in the Aleutians-Bering Sea region showed a $1.6 billion statewide impact in 2016, and also said that 30 percent…

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