A key Alaska Senate committee is out with a new take on the governor’s proposal to cut taxes for the Alaska LNG project — with a much, much smaller tax cut.

Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.

Mayors of the five boroughs that would host the Alaska LNG project say Dunleavy's bill offering tax breaks for the gas pipeline would push more costs onto local taxpayers.

The bill would replace most local property and sales taxes with a tax on the volume of gas flowing through the pipeline. It would likely amount to a significant tax cut for the project.

The first lease sale in the National Petroleum Reserve in Alaska since 2019 generated $163 million in high bids, but some bids were for protected land.

The Jones Act restricts which ships can carry goods between U.S. ports. Experts say temporarily lifting the act will do little to affect gas prices.

A new prediction from the Alaska Department of Revenue shows high oil prices lasting throughout 2026, with big implications for the state budget.

Sec. Doug Burgum stopped briefly in Alaska Thursday on his way to a conference in Tokyo.

Their concerns range from habitat destruction to the loss of subsistence rights.

Members of the International Energy Agency have announced a coordinated release of 400 million barrels of stockpiled oil in an attempt to counter the disruption in oil trade triggered by the Iran war.

Lingít community members with ties to the area say Berners Bay is sacred and important for hunting and fishing.

Brent crude reached its highest price since Russia invaded Ukraine in 2022. Gasoline prices in the U.S. are expected to continue to rise.