February-Issue-1 2013

 

Archive »AJC Issue Archive Departments

State ferry system looking at Mat-Su ferry

State ferry officials are developing a feasibility study to see if a ferry being offered by the Matanuska-Susitna Borough could be used in the marine highway system.

EPA plans final Bristol Bay assessment this year

The U.S. Environmental Protection Agency plans to issue a final report this year on the impacts of large-scale mining in the Bristol Bay region, regional director Dennis McLerran said.

Industry: Good points, problems with oil tax bill

Gov. Sean Parnell's plan to overhaul Alaska's oil tax structure is a positive step toward improving the state's business climate but there's room for improvement, one of the North Slope's major players says.

Stocks little changed as earnings fail to inspire

Stocks were flat on Wall Street as the latest round of earnings reports failed to give investors an impetus to push the market's recent rally forward.

McDonald's to put Alaska pollock 'Fish McBites' in Happy Meals

McDonald's says it is offering its first new Happy Meal entree in a decade: Fish McBites.

Beer will help power Alaska brewery 


The Alaskan Brewing Co. is going green, but instead of looking to solar and wind energy, it has turned to a very familiar source: beer.

Obama to campaign for gun proposals in Minnesota 


The fate of his gun proposals on Capitol Hill uncertain, President Barack Obama is seeking to rally support from the public and law enforcement community for his calls to ban assault weapons and install universal background checks for gun buyers.

US stocks fall after Dow's rally to 14,000 


U.S. stocks fell sharply Monday, the first trading day after the Dow hit its highest level since the financial crisis.

2013 Top Forty Under 40 Announced

The Alaska Journal of Commerce is proud to announce the 2013 class for the Top Forty Under 40® awards.

Small retailers say 'No thank you' on plastic fees

Gretel-Ann Fischer already told customers that she won't accept credit cards for purchases under $5 at her Vermont bakery. The last thing she wants to do is anger them by passing along the transaction fee she has to pay each time they use plastic.

Oil up on US jobs report; gas jumps most in 2 yrs

Commuters and day-trippers may do a double-take at the gas station after the biggest one-day pop in pump prices in nearly two years.

Energy Secretary Chu to step down

Energy Secretary Steven Chu, who won a Nobel Prize in physics but came under questioning for his handling of a solar energy loan, is stepping down.

ConocoPhillips reports $2.3B in earnings in Alaska

A legislator critical of Gov. Sean Parnell's plan to overhaul Alaska's oil tax structure says 2012 profits by ConocoPhillips shows the system is working.

Alaska borough wants to give away expensive ferry

Take my ferry. Please. An Alaska borough stuck with a $90,000 monthly bill for maintaining a ferry it can't use is offering the $78 million vessel free to any government entity — federal, state or local — that will have it.

Kulluk being prepared for move; no information on damage yet

The U.S. Coast Guard and Shell are continuing work to prepare Shell's drill vessel Kulluk, which grounded in a storm Dec. 31, for being moved from a bay on Kodiak Island, Alaska, a statement from the joint Shell/Coast Guard Unified Command said Wednesday.

US consumer spending up slight 0.2 percent

Parnell proposes $24.5M supplemental budget

Gov. Sean Parnell has proposed a $24.5 million supplemental budget for unexpected or additional costs this fiscal year. Parnell said his request includes a net decrease to the budget of about $11 million in state general fund dollars.

Senate to clear debt limit increase for Obama

The Senate Thursday took up must-do legislation to permit the government to borrow hundreds of billions of dollars more to meet its obligations, putting off one Washington showdown even as others loom in coming weeks.

Dow edges lower, still headed for stellar January

The Dow drifted lower Thursday, but stayed on track for its best start to the year in more than two decades.

Archive »Transportation

State ferry system looking at Mat-Su ferry

State ferry officials are developing a feasibility study to see if a ferry being offered by the Matanuska-Susitna Borough could be used in the marine highway system.

Alaska borough wants to give away expensive ferry

Take my ferry. Please. An Alaska borough stuck with a $90,000 monthly bill for maintaining a ferry it can't use is offering the $78 million vessel free to any government entity — federal, state or local — that will have it.

Kulluk being prepared for move; no information on damage yet

The U.S. Coast Guard and Shell are continuing work to prepare Shell's drill vessel Kulluk, which grounded in a storm Dec. 31, for being moved from a bay on Kodiak Island, Alaska, a statement from the joint Shell/Coast Guard Unified Command said Wednesday.
Aviation industry concerned about rural runway conditions

Aviation industry concerned about rural runway conditions

Alaska’s tie to the airplane cannot be understated.

Southeast communities angered by Parnell shift on ferry

JUNEAU — Two hearings by the both of the Alaska Legislature’s transportation committees did little to calm the seas of discontent among Southeast villages with Gov. Sean Parnell’s summary rejection of their concept-level plans for a new Panhandle ferry.
New $6M freight facility first of its kind in Alaska

New $6M freight facility first of its kind in Alaska

American Fast Freight’s new Anchorage facility expands storage space and gives the company the only fully temperature controlled supply chain in Alaska.

New FCC radio band rules affect truckers, taxis, contractors

Changes in Federal Communications Commission regulations regarding two-way radio use have left Alaska truckers struggling to comply.
Alaska Air Group Inc. reports record profits in 4Q, 2012

Alaska Air Group Inc. reports record profits in 4Q, 2012

Alaska Air Group Inc. reported record-setting income of $50 million in net adjusted profits during the fourth quarter and $339 million for the year.

Archive »Oil & Gas

Industry: Good points, problems with oil tax bill

Gov. Sean Parnell's plan to overhaul Alaska's oil tax structure is a positive step toward improving the state's business climate but there's room for improvement, one of the North Slope's major players says.

Oil up on US jobs report; gas jumps most in 2 yrs

Commuters and day-trippers may do a double-take at the gas station after the biggest one-day pop in pump prices in nearly two years.

Energy Secretary Chu to step down

Energy Secretary Steven Chu, who won a Nobel Prize in physics but came under questioning for his handling of a solar energy loan, is stepping down.

ConocoPhillips reports $2.3B in earnings in Alaska

A legislator critical of Gov. Sean Parnell's plan to overhaul Alaska's oil tax structure says 2012 profits by ConocoPhillips shows the system is working.

Kulluk being prepared for move; no information on damage yet

The U.S. Coast Guard and Shell are continuing work to prepare Shell's drill vessel Kulluk, which grounded in a storm Dec. 31, for being moved from a bay on Kodiak Island, Alaska, a statement from the joint Shell/Coast Guard Unified Command said Wednesday.
Southcentral utilities will decide on imports

Southcentral utilities will decide on imports

Gas and electric utilities in Southcentral Alaska say they will decide in February on a plan to import liquefied natural gas or compressed natural gas to supplement declining production from Cook Inlet gas fields, the companies told state legislators in a Jan. 23 briefing.

Pioneer sees large potential resource near Oooguruk field

Pioneer Natural Resources is using large multi-staged hydraulic fracturing in horizontal wells to open up a potentially large new oil resource on the North Slope.

Archive »Alaska Politics

Industry: Good points, problems with oil tax bill

Gov. Sean Parnell's plan to overhaul Alaska's oil tax structure is a positive step toward improving the state's business climate but there's room for improvement, one of the North Slope's major players says.

Obama to campaign for gun proposals in Minnesota 


The fate of his gun proposals on Capitol Hill uncertain, President Barack Obama is seeking to rally support from the public and law enforcement community for his calls to ban assault weapons and install universal background checks for gun buyers.

ConocoPhillips reports $2.3B in earnings in Alaska

A legislator critical of Gov. Sean Parnell's plan to overhaul Alaska's oil tax structure says 2012 profits by ConocoPhillips shows the system is working.

Southeast communities angered by Parnell shift on ferry

JUNEAU — Two hearings by the both of the Alaska Legislature’s transportation committees did little to calm the seas of discontent among Southeast villages with Gov. Sean Parnell’s summary rejection of their concept-level plans for a new Panhandle ferry.

New worry for legislators: How much cash for capital budget?

A major concern emerging in the state capitol in Juneau is how much money will really be available for state capital projects in the Fiscal 2014 budget.

AJOC EDITORIAL: Session gets off to fast start

First the good news from Juneau.

Archive »National Politics

Obama to campaign for gun proposals in Minnesota 


The fate of his gun proposals on Capitol Hill uncertain, President Barack Obama is seeking to rally support from the public and law enforcement community for his calls to ban assault weapons and install universal background checks for gun buyers.

Energy Secretary Chu to step down

Energy Secretary Steven Chu, who won a Nobel Prize in physics but came under questioning for his handling of a solar energy loan, is stepping down.

EDITORIAL: US Air Force wants to hear about Eielson F-16 study

Archive »Money Talks

Small retailers say 'No thank you' on plastic fees

Gretel-Ann Fischer already told customers that she won't accept credit cards for purchases under $5 at her Vermont bakery. The last thing she wants to do is anger them by passing along the transaction fee she has to pay each time they use plastic.

Economists forecast fair outlook for Alaska, US economies

Economists predicted slow and steady growth for the Alaskan and the national economies at World Trade Center Alaska’s annual economic forecast presentation on Jan. 22.

Archive »Finance

Stocks little changed as earnings fail to inspire

Stocks were flat on Wall Street as the latest round of earnings reports failed to give investors an impetus to push the market's recent rally forward.

US stocks fall after Dow's rally to 14,000 


U.S. stocks fell sharply Monday, the first trading day after the Dow hit its highest level since the financial crisis.

Oil up on US jobs report; gas jumps most in 2 yrs

Commuters and day-trippers may do a double-take at the gas station after the biggest one-day pop in pump prices in nearly two years.

New worry for legislators: How much cash for capital budget?

A major concern emerging in the state capitol in Juneau is how much money will really be available for state capital projects in the Fiscal 2014 budget.

Archive »Editorials

AJOC EDITORIAL: Session gets off to fast start

First the good news from Juneau.

EDITORIAL: US Air Force wants to hear about Eielson F-16 study

FISH FACTOR: Halibut limits cut; gov’s cruise discharge proposal criticized

Halibut catches weren’t slashed as badly as people feared, although they still continue on a downward trend — and the outlook is grim.

GUEST COMMENTARY: New way forward in Gulf: Reduce bycatch, protect Alaska

Alaska has some of the world’s most abundant and prosperous fisheries and a reputation for science-based management.

GUEST COMMENTARY: Help, Alaskans! Action needed to provide low-cost health insurance

One of the little-discussed impacts of the recent “fiscal cliff” deal is the elimination of funding for a critical part of the Affordable Care Act: consumer operated and oriented health insurance plans (CO-OPs).
The Bookworm Sez: Innovation key in global economy

The Bookworm Sez: Innovation key in global economy

So far, you’ve resisted.

Archive »Features

Beer will help power Alaska brewery 


The Alaskan Brewing Co. is going green, but instead of looking to solar and wind energy, it has turned to a very familiar source: beer.

Archive »Bulletin Board

BULLETINS 02/03/13

BP names Weiss as Alaska regional president, FNB Alaska reports 4Q, 2012 income gains, Bond, Stephens & Johnson closing

Archive »Mining

EPA plans final Bristol Bay assessment this year

The U.S. Environmental Protection Agency plans to issue a final report this year on the impacts of large-scale mining in the Bristol Bay region, regional director Dennis McLerran said.

Archive »Fishery Stories

EPA plans final Bristol Bay assessment this year

The U.S. Environmental Protection Agency plans to issue a final report this year on the impacts of large-scale mining in the Bristol Bay region, regional director Dennis McLerran said.

McDonald's to put Alaska pollock 'Fish McBites' in Happy Meals

McDonald's says it is offering its first new Happy Meal entree in a decade: Fish McBites.

Bycatch still a hot topic at IPHC; new advisory boards formed

VICTORIA, B.C. — The annual meeting of the International Pacific Halibut Commission included a discussion on bycatch, which is the second-largest source of removals.

FISH FACTOR: Halibut limits cut; gov’s cruise discharge proposal criticized

Halibut catches weren’t slashed as badly as people feared, although they still continue on a downward trend — and the outlook is grim.
IPHC puts off steep halibut cuts, 2013 catch reduced 7.5%

IPHC puts off steep halibut cuts, 2013 catch reduced 7.5%

VICTORIA, B.C. — Pacific coast halibut fishermen will see about a 7.5 percent reduction in catch this year, less than many were expecting.

Skates, crab quota transfers, Gulf rationalization on tap

The North Pacific Fishery Management Council is poised to take final action on skate habitat designations and community rights for Bering Sea and Aleutian Island crab fisheries at its Portland, Ore., meeting Feb. 6-12.