So many thrilling changes occurred in Alaska in 2017. The oil and gas industry received exciting news in May when US Secretary of the Interior Ryan Zinke signed a secretarial order to advance exploration efforts in the National Petroleum Reserve—Alaska and to update resource assessment for certain areas of the North Slope, specifically in the Arctic National Wildlife Refuge.
Welcome to the Alaska Business special Mining Issue. As an Alaska-based, business-focused, community-minded publication (I love hyphens, what can I say?), we spend a lot of time talking about oil and gas. Many argue it is the foundation of Alaska’s economy, but oil and gas are not the only natural resources that make significant contributions to the state’s fiscal well-being.
Reduce, Reuse, Recycle. Since the early 1970s that slogan has been used to bring awareness to increasing air pollution, water contamination, and unchecked waste. In many parts of the Lower 48, recycling is not just second nature, it’s expected. Instead of pushing one garbage bin the curb for pickup, residents line up their municipality-provided recycling bins with their contents meticulously separated into paper, plastic, glass, and “other.”
Being the best at anything is difficult. It’s easy to float through life, never taking chances, just getting the job done—but reaching the peaks of greatness requires a mix of initiative, ingenuity, strategy, and creativity. Being the best takes strength and the ability to think independently and take risks.
Spring in Alaska is like no other I’ve experienced. As the ice and last dregs of dirty snow disappear, surprising vistas emerge on a daily basis.
From the Alaska Business Monthly office, in a currently thawing midtown Anchorage, we can see the former Northern Lights Hotel as it undergoes what is probably its final transformation. This evolution will bring about the long overdue demolition of the forty-seven-year-old building, which, when built in 1970, was so state-of-the-art that it even had color television—in every room.
Congratulations to all the companies of the Corporate 100 this year for employing so many people in Alaska—89,329. That is a huge chunk of the Alaska workforce and close to 40 percent of estimated average monthly private employment. The diverse range of employers in the 2017 Corporate 100 gives readers an idea of the rich cross-section of companies operating in the state—there are many industries represented.
This legislative session in Juneau is all about money and the state’s wallet, or it should be. Just as a reminder: Revenue is In and the Budget is Out. So far, not much legislative action has been taken that would create a balanced or sustainable budget.