As Energy Boom Ends, a Political Identity Crisis in Alaska. (looks like a prequel to possible fossil fuels hinged finite resources non-sustainable fate of AB & BC...) Economic anxiety amid a dwindling oil and gas industry is raising difficult questions about the future. It is also shaping a Senate race in which a Democrat is seeking re-election in a state long dominated by Republicans. Economic anxiety in Alaska is roiling an already sharp-edged political season here, focused on one of the most competitive Senate races in the country: an endangered Democratic incumbent, Mark Begich, against a hard-charging Republican challenger, Dan Sullivan, a former state attorney general and natural resources commissioner. The worries start with energy extraction, for decades a pillar of the state’s economy that provides about a quarter of its gross state product. These days, Alaska is producing and shipping less natural gas because of market forces, and pumping less oil from the aging wells in Prudhoe Bay on the North Slope, reducing jobs and tax revenues. nytimes/2014/10/09/us/as-energy-boom-ends-a-political-identity-crisis.html?ref=energy-environment
Posted on: Sat, 11 Oct 2014 22:27:26 +0000
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