Economic Report 18-2018

Economic Report 18-2018

Nov. 26, 2018

In this Issue:

Politics
Welcome, Governor-elect Dunleavy
Oil prices, production both decline; could PFD plan imperil budget?
Dunleavy set to take over; cliffhangers on House, Senate organization
What business is telling Gov.-elect Dunleavy
Tourism, from Scott Habberstad (Alaska Airlines)
Minerals groups, from Karen Matthias (Alaska Producers Council)
Timber, from Owen Graham (Alaska Forest Association)
Fisheries, from Ricky Gease (Kenai River Sportsfishing Association)
Oil and gas, from Karen Moriarty (Alaska Oil and Gas Association)

Health Care:
80th-percentile rule change
ACA enrollment expected up
Alaska care is most costly

Energy:
Low water worries ease in SE
 Siemens modular LNG project

General Business:
Alaska Airlines opens its $50 million new hanger in Anchorage
Vector Launch to use Kodiak for test of new rocket
Cost of living decrease for Fort Wainright soldiers
New Eielson military arrivals to increase Fairbanks borough population 5.4 percent
Trend of homes owned by nonresidents plagues small rural communities
Aircraft mechanics to be trained in Bethel
United Airlines to offer summer Fairbanks-San Francisco service
Alaska aviation equipment company buys Arctic fabric manufacturer
$1 million arts development grant to Anchorage, from Bloomberg Philanthropies

Petroleum:
Moose Pad startup in January
Oil Search: Pikka decision in 2020
Eni to do Nikaitchuq tests next year
Lower Inlet seismic survey: Hilcorp
State nets $29.9 million in leasing
Slope oil production running below 2017

Minerals:
Teck bullish on new zinc prospect
 New company at “Sun” prospect
 BLM’s EIS on Ambler road
Ucore plans for Ketchikan plant

Timber:
Tongass plan by Forest Service

Fisheries:
Petersburg Ocean Beauty plant
Fishermen shifting to Bristol Bay

AkEconRpt-No.-18-2018

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