09/05/13 - 7:25am
I remember 1973 and the debate over the Trans-Alaska Oil Pipeline. At that time, one of the concerns I had was the political impact of Big Oil on Alaska’s governance. Would the International Corporations treat Alaska like a colony?
We now have four decades of history to answer that query. Few would question the benefits of oil development and the royalty and tax money that has paid for much of the State’s infrastructure, government operations, and permanent fund savings account. The industry has brought jobs, opportunity, and in some respects, positive community involvement.