ADN Op-Ed by Kevin Meyer , Alaska State Senate President. This past Tuesday in Juneau, the Alaska Senate endorsed (NGP Photo) Gov. Bill Walker’s request to buy out TransCanada's portion of the Alaska LNG Project, making the state of Alaska an equal owner in the largest integrated natural gas project in North America. . . .
| KTUU, by Austin Baird. How The LNG Project Could Affect Alaska's Future. |
It is a privilege to serve as Senate president during this critical time for Alaska. I am proud of the Senate's united role in the progress that has been made. I am glad to see the Senate aligned with the governor as he takes the next step forward for our great state. . . . I urge Gov. Walker to move forward with the confidence of an equal partner in the Alaska LNG Project, and to vote “yes” on Dec. 4. More….
Bakken.com by ADN's Alex DeMarban (NGP Photo).
With Shell job losses still looming and some projects stalled amid the continuing oil-price slump, Alaska’s petroleum industry and its related companies are struggling to adapt to the headwinds that threaten the entire economy.
“Don’t go out and buy a new motorhome,” suggested Kevin Durling, majority owner of Petroleum Equipment and Services, saying the consequences of slowing activity in the high-paying industry could ripple across the state.
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More pain is lurking, many say.
“What we hear from our guys providing front-line (oil industry) support is that things are active, but come January or February it will be a whole different picture,” said Rebecca Logan (NGP Photo), general manager of the trade association, Alaska Support Industry Alliance.
The full impact of Shell’s decision to suspend its Arctic Ocean drilling campaign hasn’t fully hit the economy yet, she said. The company is still wrapping up its summer drilling effort, and job losses associated with many of its 400 office contractors and staff are yet to come.
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