March-Issue-4 2014

 

Archive »Transportation

IRS says state air carriers can apply for excise tax refunds

IRS says state air carriers can apply for excise tax refunds

In a March 14 letter to Sen. Mark Begich, Internal Revenue Service Commissioner John Koskinen offered refunds to Alaska air carriers that improperly applied disputed excise taxes meant for regular passenger service.

Archive »Oil & Gas

Senate sends gasline bill to House

JUNEAU — The Alaska Senate passed Gov. Sean Parnell’s bill authorizing the state to invest in a large gas pipeline and liquefied natural gas project on March 18.
Buccaneer suspends CEO; Inlet strategy may be under review

Buccaneer suspends CEO; Inlet strategy may be under review

Buccaneer Energy, an Australia-based independent company exploring for oil and gas in Cook Inlet, has suspended its CEO Curtis Burton and asked that trading of its shares on the Australian stock exchange be suspended while a restructuring of the company’s finances is accomplished.

State sues to challenge denial of ANWR plan

Gov. Sean Parnell is still keeping the torch burning for exploration in the Arctic National Wildlife Refuge, or ANWR.

Furie on track for gas platform installation this summer

Furie Operating Alaska appears well on track to install a new natural gas production platform and pipelines in Cook Inlet this summer.

After opposition, many landowners await Keystone pipeline

LINCOLN, Neb. (AP) — If the proposed Keystone XL oil pipeline ever gains approval, Ronald Weber will watch from his farmhouse as workers lay the line beneath a half-mile of his cropland in northeast Nebraska.

Archive »Alaska Politics

Senate sends gasline bill to House

JUNEAU — The Alaska Senate passed Gov. Sean Parnell’s bill authorizing the state to invest in a large gas pipeline and liquefied natural gas project on March 18.

EDITORIAL: Lawsuit over denied ANWR plan is the right move

Gov. Sean Parnell has taken the next step in the long-running, slow-moving effort to tap the energy resources of the Arctic National Wildlife Refuge’s coastal plain, an area that Congress decades ago recognized as having high oil and gas potential.

Report: EPA mining raid overblown, but questions remain

Tactics used in an Environmental Protection Agency-led investigation of alleged mining violations on claims in the Fortymile River area likely weren’t as aggressive as first thought, at least according to a report released March 13 from Gov. Sean Parnell’s office, but questions still remain about the necessity of the searches.
IRS says state air carriers can apply for excise tax refunds

IRS says state air carriers can apply for excise tax refunds

In a March 14 letter to Sen. Mark Begich, Internal Revenue Service Commissioner John Koskinen offered refunds to Alaska air carriers that improperly applied disputed excise taxes meant for regular passenger service.

State sues to challenge denial of ANWR plan

Gov. Sean Parnell is still keeping the torch burning for exploration in the Arctic National Wildlife Refuge, or ANWR.

House bills target escalating Alaska medical costs

JUNEAU — State legislators are dealing with number of bills affecting business as the 2014 session enters its final month. Lawmakers must adjourn April 20, although there are procedures for extending the session.

Reps question AIDEA fisheries quota financing deal

The Alaska Legislature could consider allowing a state entity to get involved in fisheries financing if bills in House and Senate committees continue moving forward, but some legislators are raising questions about the plan.

Archive »Finance

Net income decreases as rates rise, lending activity slows

Alaska’s financial institutions ended 2013 strong, despite challenges from the economy and a flattening mortgage environment.
Forum highlights financial trends from personal to global

Forum highlights financial trends from personal to global

State and national bankers believe 2014 could be a strong year for the economy.
Summer program preps students for future in business

Summer program preps students for future in business

A business-focused offering through the Rural Alaska Honors Institute is helping funnel high school students into the University of Alaska Fairbanks School of Management.

Reps question AIDEA fisheries quota financing deal

The Alaska Legislature could consider allowing a state entity to get involved in fisheries financing if bills in House and Senate committees continue moving forward, but some legislators are raising questions about the plan.

Archive »Editorials

EDITORIAL: Lawsuit over denied ANWR plan is the right move

Gov. Sean Parnell has taken the next step in the long-running, slow-moving effort to tap the energy resources of the Arctic National Wildlife Refuge’s coastal plain, an area that Congress decades ago recognized as having high oil and gas potential.

FISH FACTOR: Researchers looking for other uses for pollock products

Co-products is the big new buzz word in the seafood industry as more companies move toward “head to tails” usages for fish.
The Bookworm Sez: Deciding when and how to quit

The Bookworm Sez: Deciding when and how to quit

Archive »Science

Great Alaska Quake shook up science

Great Alaska Quake shook up science

When North America’s largest-known earthquake shook Alaska for all it was worth at 5:36 p.m., on Good Friday, March 27, 1964, George Plafker was in the right place at the very right time.

Evidence spotted for Big Bang expansion

NEW YORK (AP) — Researchers say they have spotted evidence that a split-second after the Big Bang, the newly formed universe ballooned out at a pace so astonishing that it left behind ripples in the fabric of the cosmos.
Scientists expect traces of ocean radiation soon

Scientists expect traces of ocean radiation soon

Scientists have crowdsourced a network of volunteers taking water samples at beaches along the West Coast in hopes of capturing a detailed look at low levels of radiation drifting across the ocean since the 2011 tsunami that devastated a nuclear power plant in Japan.

Archive »Mining

Report: EPA mining raid overblown, but questions remain

Tactics used in an Environmental Protection Agency-led investigation of alleged mining violations on claims in the Fortymile River area likely weren’t as aggressive as first thought, at least according to a report released March 13 from Gov. Sean Parnell’s office, but questions still remain about the necessity of the searches.

Archive »Fishery Stories

FISH FACTOR: Researchers looking for other uses for pollock products

Co-products is the big new buzz word in the seafood industry as more companies move toward “head to tails” usages for fish.

Reps question AIDEA fisheries quota financing deal

The Alaska Legislature could consider allowing a state entity to get involved in fisheries financing if bills in House and Senate committees continue moving forward, but some legislators are raising questions about the plan.

Archive »General News

Great Alaska Quake shook up science

Great Alaska Quake shook up science

When North America’s largest-known earthquake shook Alaska for all it was worth at 5:36 p.m., on Good Friday, March 27, 1964, George Plafker was in the right place at the very right time.