Page 59 - Export Authority News Today

AIDEA, Alaskans are watching Published January 12 Share on Facebook Print article Most Alaskans weren’t paying attention to the Alaska Industrial Development and Export Authority (AIDEA) until last spring, when this entity became one of the first pandemic profiteers, conducting a shady financial transfer of $35 million of state funds to the Ambler road project. Dozens of Alaskans called in to the virtual meeting in good faith, asking instead for direct support for businesses struggling i...

Alaska Industrial Development and Export Authority Receives Final Federal Authorizations for the Ambler Road Project News provided by Share this article   Trilogy Metals Inc. ( TSX/NYSE American: TMQ) ("Trilogy" or the "Company") is pleased to announce that the Alaska Industrial Development and Export Authority ("AIDEA") has signed agreements for Right-of-Ways for the Ambler Road Project with the United States Bureau of Land Management ("BLM") and the National Park Service ("NPS").  The agree...

(troutnut/Getty Images) A recent auction highlights the headwinds facing American oil producers. Wednesday’s auction of oil and gas drilling rights on the Alaskan Coastal Plain was worse than disappointing. The lease offering was a culmination of decades of work, opening to development 1.5 million acres that many considered the biggest single prospect in America. The high expectations fell embarrassingly flat when the bids were opened. Half of the acreage could not even muster a ...

Print article In the coming years, I may be forced to eat crow regarding Arctic National Wildlife Refuge investment, but the recent state-backed purchase of our own ANWR oil leases is baffling to me. None of the real players in this sector spent a dime. From the story published Jan. 7, I could not tell how much the state spent, but half of that went to the federal government and the other half bought oil leases no one wants. We did not receive: funding for UAA, traffic calming, road maintenan...

In major setback to Trump's energy policy, Alaska's oil leasing on the Arctic Wildlife Refuge attracted almost no buyers.

He will inherit a Justice Department that Biden and other critics say has curtailed prosecution of polluters under President Trump.

Print article Don Perrin’s letter regarding Alaska Industrial Development and Export Authority was right on point. The directors made an incredibly poor investment decision to purchase 10 year oil leases with no ability, expertise or equipment to either develop the leases or assess their value. As Mr. Perrin said, “When you don’t use your own money, you have nothing to lose.” Even the big oil companies turned their noses up at the prospects. AIDEA needs to stick to its mission. — Way...

Trump’s Four-Year Drilling Binge Has Done Irreparable Damage Although the recent auction of Arctic National Wildlife Refuge drilling rights flopped, Biden’s team will have a tough time rolling back a strategy designed to survive a Democratic White House. Greg A. Syverson/Getty Images The Alaskan pipeline near Milne Point, Alaska Last week, amid the chaos of the Capitol riot, the Trump administration proceeded with plans to sell off chunks of the Arctic National Wildlife Refuge to the gas an...

Trump auctions Arctic refuge to oil companies in last bid against the environment Its a slap in the face to everyone looking towards a sustainable future. In one of its last strikes against the environment before leaving office, the Donald Trump administration auctioned yesterday oil and gas leases in Alaska’s Arctic National Wildlife Refuge (ANWR). The move comes after decades-long push by some Republicans to drill in one of the United States’ most vast unspoiled wild places. Image credit:...

The Trump administration’s unprecedented auction of Arctic drilling rights Wednesday netted just $14.4 million from three bidders, with major oil companies steering clear of the sale.