NEWS: “New” Oil Regs a Fool’s Errand, Need More Work and Review

The Seal of the State of Alaska Democratic Legislators highlight big risks in draft Oil Wealth Giveaway regulations JUNEAU – Today, Alaska Democratic Legislators warned of significant risks, impossible expectations, and the potential for industry to game the system in their official comment letter to the Alaska Department of Revenue on its proposed regulations for Senate Bill 21, the governor’s oil wealth giveaway.
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Rep. Kawasaki’s Juneau Note: What’s Happening Around Town

Rep. Scott Kawasaki Golden Days in the Golden Heart City More than a 100 years ago, the trader ET Barnette steamed forward through the Chena Slough. Originally headed to create an outpost between Valdez and Eagle, he was forced to unload supplies on the banks of the slough near where the Barnette Street Bridge stands today. One year later, an Italian immigrant named Felice Pedroni discovered gold near Fox and the town quickly grew around the city center. By 1905, several thousand indigenous people, adventure-seekers from all over the US, and international immigrants called themselves Fairbanksans.
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