Aug 8, 2017
Today, the trans-Alaska pipeline carries a quarter of what it did in its heyday. And so Alaska is facing the question its been ducking for forty years: Will we always be an oil state?
Aug 1, 2017
The Exxon Valdez oil spill in 1989 killed hundreds of thousands of seabirds and brought commercial fishing in some of Alaska’s most productive waters to a standstill. It’s often talked about as an unprecedented, unthinkable event, but it was, in fact thinkable, and people tried to prevent it.
Jul 25, 2017
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.
Jul 18, 2017
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.
Jul 11, 2017
The trans-Alaska pipeline was the largest privately-funded construction project in the world, built across the biggest U.S. state and faced with unprecedented natural obstacles. It came with an $8 billion price tag, but true costs and benefits of the pipeline are still being calculated.