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May 2024
Alaska Business May 2024 cover

In This Issue

Making History
May 2024
Alaska’s relationship with oil began in 1902 when The English Company, soon renamed the Alaska Development Company, struck oil at Katalla, 47 miles southeast of Cordova. Katalla became a boom town, and a refinery was built in 1911, mainly supplying fuel to fishing vessels. A total of 154,000 barrels were produced over twenty years until Christmas Day 1933. A fire destroyed the Chilkat Oil Company refinery, and it was not rebuilt. Katalla disappeared from the map ten years later when the post office closed for good.
May 2024

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