You can almost hear the sighs of relief across Alaska each time oil prices tick up. This is good for Alaska, right? Actually, no. Because instead of forcing us to diversify our economy. This blip allows us to kick back, relax, and continue our monogamous relationship with oil–when we really need to be dating around.
A little over a month earlier Bannock asked the Governor on his show if he would be pursuing a reserves tax as part of his cal for special session this fall. At that time the Governor said he wouldn’t. Listen to the audio to hear the Governor’s explanation for why he changed his mind.
Here is a list of statements made by elected leaders and those in the industry about Shell’s decision to pull out of their off shore oil development in the Chukchi Sea.