The Department of Interior announced Tuesday it paid Alaska $19 million over the previous year for oil and gas development on federal land in the state.
That’s a few million more than the 2012 disbursement but a fraction of the billions Alaska reaps each year from oil development on state–owned lands like Prudhoe Bay.
The government pays states a portion of the rents, royalties and bonuses it takes in from energy and mineral production.
The state with the biggest federal disbursement in the past year was Wyoming, at nearly $1 billion. The smallest payment – a mere $38 — went to North Carolina.
- The 750-mile Race to Alaska is back for a second year as 43 teams of sailors, rowers and paddlers prepared to set off from Port Townsend, Washington at 6 a.m. on Thursday.
- Hydrokinetic technology developed in Alaska’s rigorous conditions will help researchers design systems that can be used worldwide.
- Ketchikan’s Britta Adams braved the cold ocean and strong tides recently to swim more than 10 miles of the rocky Wrangell Narrows.
- As stock markets suffer, Alaskans consider UK referendum vote impacts.