This Week in Alaska Business History January 13, 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

Jan. 14, 1982

New rules anger Cook Inlet set net fishermen

By Ronald Chappell

For The Times

Soldotna -- A regulation limiting the distance Cook Inlet set netters can fish from shore may be the opening salvo in a gear war between local drift fishermen and their counterparts on the beach.

At a meeting Wednesday night, irate set netters represented by the Kenai Peninsula Fishermen’s Association asked the sponsors of the new regulation to ask the state Board of Fisheries to rescind it.

Representatives of the United Cook Inlet drifters Association refused to do so until set netters agreed to support a compromise plan aimed at halting the continued expansion of the inlet’s set net fishery into areas traditionally used by drift fisherman.

Another meeting between the two groups is scheduled early next week. A compromise plan could include a moratorium on new set net gear in the inlet. If the new regulation is contested, a petition must be filed with the Board of Fisheries by Jan. 22.

Anchorage Times

Jan. 14, 1982

Wien plans suspension of Juneau flights

The Associated Press

Wien Air Alaska announced Wednesday it is suspending its daily service to Juneau effective Jan. 29 because of a lack of passengers.

Wien spokeswoman Carla Beam said the airline’s management analyzed the passenger traffic on the flight for several months before deciding to halt the service.

Wien had offered weekday flights between Anchorage, Juneau and Seattle, and the decision to halt that service leaves only Alaska Airlines with regular stops in Juneau.

Beam said the airline’s study indicated there were not enough passengers to and from Juneau to sustain service by two airlines.

Household International Inc., Wien’s owner, has agreed to sell the airline to Eagle International Corp. for $50 million. That corporation is headed by Neil Bergt, who also owns Alaska International Industries Inc.

10 years ago this week

Alaska Journal of Commerce

Jan. 14, 1992

Big dropoff for oil production? Not yet

By Ray Tyson

Alaska Journal of Commerce

Year-end statistics prove Alaska oil production hasn’t undergone a predicted radical decline since the giant Prudhoe Bay reservoir peaked four years ago.

North Slope oil production in 1991, in fact, exceeded the previous year’s output for the first time since the Prudhoe Bay reservoir fell into decline, according to statistics furnished by the state Division of Oil & Gas Audit.

Production from all North Slope fields has decreased 10.5 percent since 1988, for an annual slippage of just 3.5 percent. Prudhoe Bay, which produces three-fourths of total slope oil, has fallen 18.8 percent, for an annual decrease of 4.7 percent.

"Where’s this (annual) double-digit decline everybody predicted for the last decade?" said Dudley Platt, a petroleum economist for the oil and gas audit division.

The division projects similarly modest production declines through 1995, a forecast that doesn’t jibe with recent comments made by James B. Hermiller, president of Alyeska Pipeline Service Co., to the Anchorage Chamber of Commerce.

Alaska Journal of Commerce

Jan. 20, 1992

Port MacKenzie promoters, railroad spar over spur

By Margaret Bauman

Alaska Journal of Commerce

A quiet battle is being waged in the case of the proposed Port MacKenzie over a critical missing link, a railroad spur, over which millions of tons of natural resources could be moved to the dock.

On one side are port promoters who say they have all the economic facts and numbers needed, except those they need from Alaska Railroad Corp. to build that track.

On the other side are railroad officials, who say they can’t decide whether to support such a link, which they don’t propose to finance until they get more facts on the economic feasibility of the port.

In the middle are the developers of coal and timber, who say the link would lower costs of transporting the resources, giving them a competitive edge.

Before lending support to about 30 miles of rail from Palmer to the proposed port on Upper Cook Inlet, the railroad needs to know what revenues would be generated by the port, said Loren Lounsbury, chairman of the railroad board.

-- Compiled by Ed Bennett.

01/13/2002 - 8:00pm