It’s the largest cruise ship to navigate the route, which hugs the coasts of Alaska, Canada and Greenland. And it’s attracted international attention, with many wondering if it’s a sign of what’s to come as the Arctic sees increasingly ice-free summers.
When Gov. Walker announced the creation of a new cabinet position, he framed it as a way to improve his administration’s often rocky relationship with the oil and gas industry. But John Hendrix is proposing a tough love approach.
Democrats are hoping to take control of the state House this year. To achieve that, they’re gunning for two lawmakers who run as Democrats but largely vote with the Republicans. One is Rep. Bennie Nageak, D-Barrow, who represents District 40, which stretches from Kotzebue to Kaktovik.
Moody’s Investors Service has downgraded Alaska’s credit rating for the second time in six months, citing the state’s massive budget deficit. It’s the fourth time since January the state has been downgraded by one of the three major ratings agencies.
“At first blush it does appear the federal government is creating additional cumbersome regulations that will make it more challenging to entice companies back to the Arctic when oil prices rebound,” said an Alaska Oil and Gas Association representative.