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Mayors of the five boroughs that would host the Alaska LNG project say Dunleavy's bill offering tax breaks for the gas pipeline would push more costs onto local taxpayers.
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The bill would replace most local property and sales taxes with a tax on the volume of gas flowing through the pipeline. It would likely amount to a significant tax cut for the project.
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The first lease sale in the National Petroleum Reserve in Alaska since 2019 generated $163 million in high bids, but some bids were for protected land.
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The Jones Act restricts which ships can carry goods between U.S. ports. Experts say temporarily lifting the act will do little to affect gas prices.
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A new prediction from the Alaska Department of Revenue shows high oil prices lasting throughout 2026, with big implications for the state budget.
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Sec. Doug Burgum stopped briefly in Alaska Thursday on his way to a conference in Tokyo.
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Their concerns range from habitat destruction to the loss of subsistence rights.
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Members of the International Energy Agency have announced a coordinated release of 400 million barrels of stockpiled oil in an attempt to counter the disruption in oil trade triggered by the Iran war.
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Lingít community members with ties to the area say Berners Bay is sacred and important for hunting and fishing.
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Brent crude reached its highest price since Russia invaded Ukraine in 2022. Gasoline prices in the U.S. are expected to continue to rise.
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Washington and other Democratic-led states drop lawsuit against Arctic Refuge oil drilling in AlaskaA group of environmental and tribal groups had filed suit in 2020 at the same time as the Democratic-led states. Last month, that coalition renewed their suit.
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The Bureau of Ocean Energy Management is evaluating whether to hold a first-of-its-kind lease sale for seabed mineral development in federal waters off Alaska, and seeking information and input to help decide if it should move forward.