This Week in Alaska Business History January 7, 2002

PHOTO/James MacPherson/AJOC
Editor’s note: "This Week in Alaska Business History" revisits events that shaped our past.

"Those who cannot
remember the past are
condemned to repeat it."
-- George Santayana, 1863-1952

20 years ago this week

Anchorage Times

January 7, 1982

Oil firms seek summer drilling in Beaufort Sea

By Dave Carpenter

Times Writer

Citing an outstanding safety record in Alaska, petroleum industry representatives made a united pitch to state officials today to allow year-round exploratory drilling in the Beaufort Sea.

About a dozen executives from oil and gas companies and drilling firms told top Departments of Natural Resources officials that unrestricted drilling could occur safely and in an environmentally responsible manner. Over 100 people jammed into a conference room in the Federal Courthouse for the hearing.

Exploring work in the Alaska portion of the Beaufort now is confined by the state and federal governments to a five-month "window" between Nov. 1 and March 31. There is no such seasonal restriction in the Canadian Beaufort.

Katz will make a final decision on removing or amending the limits after two other hearings scheduled for next month.

Anchorage Times

January 7, 1982

Farmer calls on judge to stop state timber sale

A Matanuska Valley farmer has asked a Superior Court judge to stop the state from selling timber on state land scheduled for sale to Alaska farmers.

George Lusting, a farmer and logger, wants to stop a timber sale set for 2 p.m. today at the Department of Natural Resource’s Big Lake office. At press time today, Judge Milton Souter had not decided whether to stop the sale.

Lusting told Souter the state agreed last year in a settlement over the Point MacKenzie agricultural project that the farmers are entitled to the timber on the agricultural lands.

But the state contends that the nothing in last year’s agreement stops it from selling timber before it puts the agricultural land up for sale. Lusting and 31 farmers who had also filed a lawsuit to stop the Point MacKenzie land sale did not sign the agreement.

"Whoever gets this land should be choosing whether to use the timber for house logs or firewood or whatever," Lusting said. "Some of them probably would need to sell some timber to help raise money for their farms, and if it’s gone, they don’t have that option, and only high-income people are going to be able to get the land."

10 years ago this week

Alaska Journal of Commerce

January 13, 1992

McClatchy, Allen dig into deep pockets

By Ray Tyson

Alaska Journal of Commerce

Two years after he purchased the Anchorage Times and declared war on his longtime liberal foe, the Anchorage Daily News, oilman/publisher Bill Allen and his Alaska-bred umbrella company, VECO International, don’t seem any less determined to carry out their mission despite huge operating losses.

The larger of the two morning papers, the Daily News, and its California based parent, McClatchy Newspapers, don’t appear any less determined than their cross-town rival.

Who’s winning the war?

It largely depends on who you talk to and how the person evaluates the numbers for circulation and advertising, the principal ingredients for a financially successful daily newspaper. Both the Times and Daily News accuse each other of playing the numbers game. But two things are certain: Neither paper could have made it as far as it has without the help of its parent company and its willingness to absorb hefty financial losses at one time or another.

Alaska Journal of Commerce

January 13, 1992

Federal highways program is boon for Alaska

By Tim Bradner

Alaska Journal of Commerce

State transportation officials say they will accelerate some highway construction projects with the newly reauthorized federal highways program bringing Alaska some $30 million to $40 million per year more than under the previous program.

Alaska will get about $180 million in federal highways money in the current federal fiscal year, up from an authorization of about $150 million under the previous formula.

Next year, Alaska will be eligible for $200 million, with a total of $1.46 billion being made available over the six-year reauthorization period. The state must provide a 10 percent match to federal money under the program.

-- Compiled by Ed Bennett.

01/06/2002 - 8:00pm