Alaska’s economy is crawling out of the coronavirus pandemic. And it looks a lot different now than it did 16 months ago.
It’s not so much the thinning ice that will drive up ship traffic in the north. It’s the price of oil, says UAF professor Lawson Brigham.
The state of Alaska wants oil prices high. “Every dollar change in price is close to 100 -150 million dollars in state revenue,” said acting Revenue Commissioner Angela Rodell.