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Economy

Cook Inlet natural gas has had its ups and downs over the years, but the Anchorage Chamber of Commerce is optimistic -- especially after looking at the industry's economic benefits to the region.

Suzanna Caldwell
The state argued Tuesday that a ballot initiative banning setnetting in Alaska's urban areas is unconstitutional because it involves resource allocation, a matter reserved for the Legislature. Initiative supporters say the measure only targets gear, a common initiative topic.Suzanna Caldwell
Alaska Wildlife Trooper Sgt. Brent Johnson said the illegal lingcod harvest was substantial for that region, amounting to approximately 70 percent of the entire lingcod quota for the area. Yereth Rosen
On Monday, a day after the legislative session was supposed to end, the House began debating amendments to its capital budget, which didn't see the light of day until late Saturday.Dermot Cole
The Alaska Senate approved five-year subsidy plans for the Petro Star refineries and the Tesoro refinery at about 2:30 a.m. today. Critics said the companies had not made their case for the subsidy, which would increase the state deficit by up to $150 million over five years. The House adjourned at 4 a.m. without taking up the amended Senate version.Dermot Cole
Lawmakers approved a $9.1 billion budget Sunday, which includes $5.8 billion in state funds, $2 billion in federal funds and $1.3 billion in other funds. Alaska lawmakers praised themselves for finishing about $50 million below their budget targets.Dermot Cole
The Parnell administration got what it wanted from the Legislature Sunday on its gas pipeline plan -- approval of a negotiating process aimed at developing contracts to perform the work necessary to decide if a pipeline will be built.Dermot Cole
The Alaska Legislature on Sunday passed a funding package to put $3 billion toward Alaska teachers' and public employees' retirement systems, but will cost the state an additional $2.7 billion in the years ahead, according to an analysis of the plan.Pat Forgey
But with the potential for a well-supplied market, there is some concern about the prices taking a hit from the higher numbers of fish forecast in 2014.Dave Bendinger
On the second-to-last day of the 2014 legislative session, the Senate unanimously passed a big cash infusion to help pay down retirement debt for teachers and public employees.Pat Forgey

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