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Alaska

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  • State winners, losers crowned in oil shock Monday, 22 Dec 2014 | 11:33 AM ET
    The U.S. flag is displayed at Tesoro's oil refinery in Los Angeles, Calif.

    Oil's drop in price is affecting states across the country in different ways, but Alaska's hit has been the hardest.

  • Arctic offshore drill company enters guilty pleas Friday, 19 Dec 2014 | 2:43 PM ET

    ANCHORAGE, Alaska— The company hired by Royal Dutch Shell PLC in 2012 to drill on petroleum leases in the Arctic Ocean pleaded guilty Friday to eight felony environmental and maritime crimes. Noble Drilling U.S. LLC, based in Sugarland, Texas, agreed to pay $12.2 million after pleading guilty to five counts of failing to maintain records on a drill ship that...

  • 1st drone in Nevada test program crashes in demo Friday, 19 Dec 2014 | 1:33 PM ET

    BOULDER CITY, Nev.— An aerial drone testing program got off to a bumpy start Friday in Nevada, when the first unmanned aircraft authorized to fly without direct Federal Aviation Administration supervision crashed during a ceremony at a remote site. Company and FAA officials said the drone wasn't damaged. "Protocol is to troubleshoot the problem," said Bruce...

  • Correction: Alaska Pipeline story Thursday, 18 Dec 2014 | 6:45 PM ET

    JUNEAU, Alaska— In a story Dec. 17 about the office of the federal coordinator for Alaska gas pipeline projects, The Associated Press, relying on information from a spokesman for U.S. Gas pipeline coordinator office in Alaska to close. JUNEAU, Alaska— The office of the federal coordinator for Alaska gas pipeline projects is shutting down after not being included in...

  • Government sues to recover costs of sunken vessel Thursday, 18 Dec 2014 | 10:39 AM ET

    ANCHORAGE, Alaska— The federal government is suing the owner of a 117- foot boat that sank in a commercial fishing port in Alaska and was cleaned up at public expense. KTUU-TV reports the government seeks $1.6 million from John Mehelich, who later appeared as a gold dredge captain on the Discovery Channel show "Bering Sea Gold." The 147- ton vessel sank in August 2009...

  • Gas pipeline coordinator office in Alaska to close Wednesday, 17 Dec 2014 | 5:44 PM ET

    JUNEAU, Alaska— The office of the federal coordinator for Alaska gas pipeline projects is shutting down after not being included in the budget bill that Congress recently passed. The office was created in a 2004 law aimed at helping advance an Alaska gas pipeline project that would serve North America. The state of Alaska, BP PLC, ConocoPhillips, Exxon Mobil Corp....

  • Alaska ferry project caught in flap over US steel Wednesday, 17 Dec 2014 | 4:38 PM ET

    JUNEAU, Alaska— A U.S. requirement that American steel be used to update an Alaska ferry terminal is causing some tension with Canadian officials, potentially threatening the project. The terminal is on Canadian soil, in British Columbia, but the land is leased to the state of Alaska. In these tough economic times, Canada and Alaska should be working together to...

  • Temporary tax breaks _ which ones affect you? Tuesday, 16 Dec 2014 | 8:23 PM ET

    Congress gave final approval Tuesday to a bill extending more than 50 expired tax breaks through the end of 2014. They include:. —A tax credit for the production of wind, solar and other renewable energy. Nine states have no tax on wages: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.

  • Obama withdraws Alaska's Bristol Bay from drilling Tuesday, 16 Dec 2014 | 5:40 PM ET

    The president said in a video announcement that Bristol Bay and nearby waters, covering an area roughly the size of Florida, would be withdrawn from consideration for petroleum leases. He called Bristol Bay one of the country's great natural resources and a massive economic engine. Bristol Bay has supported Native Americans in the Alaska region for centuries,...

  • Powdered alcohol? Not so fast, lawmakers say Monday, 15 Dec 2014 | 5:13 PM ET

    DENVER— Powdered alcohol, touted by its inventor as an easy way to mix a drink on-the-go, hasn't even arrived in stores but states are moving to ban the product amid concern that it will increase underage drinking. Colorado is the latest state considering banning "Palcohol," marketed as an ounce of rum or vodka in powdered form. "I think being proactive and jumping out...

  • Why oil is down by half, what it means for you Monday, 15 Dec 2014 | 12:33 PM ET

    To put that in perspective, that increase alone is more than the production of any OPEC member other than Saudi Arabia. A balance was struck: Increasing supplies from outside of OPEC and from Iraq's recovering oil industry helped meet rising demand around the world as other OPEC supplies waivered. But now those OPEC supplies look more certain despite...

  • Anchorage schedules hearing on marijuana sales ban Monday, 15 Dec 2014 | 11:29 AM ET

    ANCHORAGE, Alaska— Advocates who helped persuade Alaska voters to legalize recreational use of marijuana last month are lining up against a measure to ban pot sales in the state's largest city. "When you have a community supporting the initiative and then just a week or two later you have a single assembly member asking ban it without doing any work beforehand,...

  • That will widen Alaska's budget gap to almost $3.4 billiuon, Fitch said in a Dec. 11 report. States such as Texas, North Dakota, Alaska, Oklahoma and New Mexico are all likely to feel strains next year, Wells Fargo Securities municipal analyst Roy Eappen said in a recent report. Meanwhile, household sentiment in Texas, Louisiana, Oklahoma and Arkansas where memories...

  • Submarine thriller to be filmed in Alaska Friday, 12 Dec 2014 | 4:53 PM ET

    ANCHORAGE, Alaska— A small Alaska port town will stand in as a Russian naval base in a new movie. KTUU reports about 90 percent of the movie "Hunter Killer" will be filmed in Whittier. Whittier officials said Friday that three months of pre-production will begin in January, followed by three months of filming.

  • Lockheed Martin wins Alaska spaceport bid Friday, 12 Dec 2014 | 7:00 AM ET

    ANCHORAGE, Alaska— The state-owned space agency on Friday named Lockheed Martin the winner of a bidding process to reconfigure a launch pad to accommodate larger rockets than what the Kodiak Launch Complex can currently handle. Lockheed Martin beat our three other bidders to reconfigure launch pad one at the Kodiak site, officials with the Alaska Aerospace...

  • Falling oil prices raise new concerns for states Thursday, 11 Dec 2014 | 3:04 PM ET

    Some states, such as Texas, have diversified their economies since oil prices crashed in the mid-1980s. Others, such as Alaska, remain heavily dependent on oil and will have to tap into sizeable savings to get by. U.S. crude oil prices that topped $100 per barrel this summer have plunged to barely $60 this week, the result of high supplies globally and expanded...

  • Fairbanks hears suggestions for cleaner air Thursday, 11 Dec 2014 | 12:29 PM ET

    FAIRBANKS, Alaska— More than 50 people lined up to speak at a meeting about possible air pollution regulations in the Fairbanks North Star Borough, and all but three urged the borough assembly to take action. The borough for four years was banned by voter initiative from regulating pollution but a close vote in October again authorized local measures, the...

  • Congressional deal upends pot legalization in DC Thursday, 11 Dec 2014 | 6:59 AM ET

    They wanted to use the District of Columbia as further encouragement for states to make their own marijuana laws, and they were optimistic that Congress wouldn't intervene, pointing to a Republican caucus that's far from unified against pot. Those hopes were crushed late Tuesday when Congress reached a $1.1 trillion spending deal that bars the District from...

  • Alaska faces $3.5B deficit amid lower oil prices Wednesday, 10 Dec 2014 | 6:43 PM ET

    JUNEAU, Alaska— Slumping oil prices have helped push Alaska's potential budget deficit this year to $3.5 billion— an increase of $2.1 billion from what lawmakers expected in April. The price of oil, forecast at $105 a barrel in the state's spring revenue forecast, is now expected to average about $76 a barrel for the fiscal year that ends June 30.

  • Texas, North Dakota, Oklahoma, New Mexico and Colorado together account for almost 98 percent of the total rise in U.S. oil output since the beginning of 2008.. But Oklahoma, New Mexico and Colorado have collectively contributed almost an extra half million barrels per day compared with January 2008, according to the U.S. Energy Information Administration.