trans-Alaska pipeline

Local governments win against oil companies on value of taxable property

By Associated Press

The Supreme Court in Alaska has upheld a ruling that the trans-Alaska oil pipeline was worth far more than a billion a year the pipeline owners claimed for the years 2007 through 2009. The Fairbanks Daily News-Miner reports that the court late last month affirmed a Superior Court ruling in 2011 that the pipeline was worth $8.9 billion to $9.6 billion those years.

Companies have applied for an export license from the U.S. Department of Energy, proposing to move up to 20 million meteric tons of LNG from Alaska for 30 years.

The Trans-Alaska Pipeline has moved 17-billion barrels of oil since its start 37 years ago.

U.S. Secretary of the Department of Labor Tom Perez visited Alaska, praising job training partnerships, while promoting the idea of a higher minimum wage.

Ahtna, the Native for-profit corporation for Eastern Interior Alaska, asks Congress to approve its proposal to co-manage fish and game on its lands, saying Natives can't compete with people who travel to the region by road to hunt.

The first in a series on Aging in Alaska, demographers outline the coming population boom of Alaskans age 65 and up.