Energy (Oil & Gas) in Alaska

in committee · Alaska · Senate Mar 21, 2025

SB 125: An Act establishing the Alaska Gasline Finance Corporation; and relating to contributions from permanent fund dividends for the financing of a natural gas pipeline.

SB 125 establishes the Alaska Gasline Finance Corporation within the Department of Revenue to finance a natural gas pipeline project. The corporation will issue shares to the public (minimum $2,500 investment, except for initial offering with no min/max) and allow Alaska permanent fund dividend recipients to voluntarily direct their full annual dividend payment toward purchasing these shares. This directly affects Alaska residents who receive permanent fund dividends, as it creates a new mechanism for them to fund the pipeline through their dividend payments. The bill also authorizes the corporation to contract with financial advisors and invest funds similarly to state treasury funds. The legislation requires the governor to appoint board members with expertise in natural gas pipeline financing.

Topics ✓ Energy

Sub-Topics Oil & Gas Pipeline Infrastructure

passed both · Alaska · Senate Jul 30, 2025

SJR 19: Urging the United States Congress to honor the terms of the Mineral Leasing Act and the Alaska Statehood Act and provide the state with a 90 percent share of all bonuses, royalties, and rentals received by the federal government from the Arctic National Wildlife Refuge and the National Petroleum Reserve in Alaska.

SJR 19 is a non-binding resolution passed by the Alaska Legislature urging the U.S. Congress to honor historical agreements requiring Alaska to receive 90% of federal revenue from oil and gas leases on two specific federal lands: the Arctic National Wildlife Refuge and the National Petroleum Reserve in Alaska. It references the 1958 Alaska Statehood Act and a 1957 amendment to the Mineral Leasing Act, which established Alaska's right to this 90% share as part of statehood negotiations. The resolution does not change current law but requests Congress fulfill this long-standing commitment, particularly as federal energy development expands in these areas. It is a statement of policy position, not a legislative proposal with immediate effect.

Topics ✓ Budget & Taxes ✓ Energy ✗ Environment

Sub-Topics Oil & Gas Wildlife

in committee · Alaska · Senate Mar 25, 2025

SB 59: An Act making supplemental appropriations; making appropriations to capitalize funds; and providing for an effective date.

SB 59 allocates $50 million from Alaska's general fund to reimburse the Alaska Industrial Development and Export Authority for front-end engineering costs related to the Liquified Natural Gas (LNG) pipeline project, covering fiscal years ending in 2025, 2026, and 2027. It also provides $15 million to capitalize the state's disaster relief fund, which does not expire. The LNG funding lapses back into the general fund by June 30, 2027, while the disaster fund capitalization is permanent. If enacted after June 30, 2025, the bill applies retroactively to July 1, 2024.

Topics ✓ Budget & Taxes ✓ Energy

Sub-Topics Oil & Gas Pipeline Infrastructure

in committee · Alaska · House May 17, 2025

HJR 26: Requesting that the United States Congress appropriate authorized federal workforce development funds to train state residents for the development, construction, and operation of the Alaska liquefied natural gas project; and encouraging the hiring of residents and the use of state-based small businesses in the development, construction, and operation of the Alaska liquefied natural gas project.

HJR 26 is a resolution requesting the U.S. Congress appropriate $20 million in existing federal funds to train Alaskans for jobs in the Alaska liquefied natural gas (LNG) project. It specifically aims to support in-state training centers in preparing residents - especially rural Alaskans and Alaska Natives - for development, construction, and operation roles, while encouraging project sponsors to hire local workers and partner with Alaska-based small businesses. The resolution cites the Alaska Natural Gas Pipeline Act (15 U.S.C. § 720) as authorizing the funding and emphasizes that without federal support, training programs cannot scale sufficiently. This seeks to ensure long-term economic benefits remain in Alaska by reducing reliance on outside labor after project completion.

Topics ✓ Energy ✓ Labor & Employment

Sub-Topics Oil & Gas Pipeline Infrastructure Workforce Development

in committee · Alaska · House May 15, 2025

HB 119: An Act relating to an in-state natural gas pipeline developed by the Alaska Gasline Development Corporation; and providing for an effective date.

HB 119 amends Alaska law to clarify the Alaska Gasline Development Corporation's (AGDC) mandate, requiring it to develop an in-state natural gas pipeline for delivery to Fairbanks, Southcentral Alaska, and other communities. The bill specifies that AGDC must prioritize the lowest possible rates for natural gas and propane, including a direct pipeline spur to Fairbanks and the Fairbanks North Star Borough. It also requires AGDC to maximize state benefits from natural gas resources while ensuring services provided to state entities are cost-reimbursable only. The bill takes immediate effect and directly affects AGDC's operational responsibilities.

Topics ✗ Energy

Sub-Topics Oil & Gas Pipeline Infrastructure

in committee · Alaska · Senate Apr 14, 2025

SB 114: An Act relating to an in-state natural gas pipeline developed by the Alaska Gasline Development Corporation; and providing for an effective date.

SB 114 amends Alaska law to clarify the Alaska Gasline Development Corporation's mandate, requiring it to prioritize developing an in-state natural gas pipeline for direct delivery to Fairbanks and Southcentral communities. The bill mandates that the pipeline must operate safely, economically, and provide natural gas (including propane) at the lowest possible rates to residents and businesses. It specifically requires a direct pipeline spur to Fairbanks and the Fairbanks North Star Borough, while also outlining the corporation's role in advancing liquefied natural gas projects. The legislation focuses on maximizing state benefits from natural gas resources without specifying new funding or tax changes.

Topics ✓ Energy

Sub-Topics Oil & Gas Pipeline Infrastructure

failed · Alaska · Senate May 19, 2026

SB 180: An Act relating to the development of the Susitna River power project by the Alaska Energy Authority; relating to the regulation of liquefied natural gas import facilities by the Regulatory Commission of Alaska; and providing for an effective date.

SB 180 repeals a specific section (AS 42.05.711(v)) of Alaska law that previously required liquefied natural gas (LNG) import facilities to follow certain regulatory procedures under the Alaska Regulatory Commission. This change directly affects LNG import facilities and the Regulatory Commission of Alaska, removing an existing requirement for facilities to comply with that particular provision. The bill’s key mechanism is the deletion of the statutory language, streamlining regulatory oversight by eliminating this specific administrative step. The bill is currently pending in the Senate Resources Committee (last heard May 9, 2025).

Topics ✗ Energy

Sub-Topics Oil & Gas

in committee · Alaska · House Jan 22, 2025

HJR 2: Urging the United States Congress and the Trump administration to reverse the outgoing presidential administration's administrative decision to ban offshore oil and gas leasing and to safeguard the state and national economy, energy security, and interests.

This Alaska state resolution (HJR 2) urges the U.S. Congress and the incoming Trump administration to reverse the Biden administration's decision to withdraw approximately 625 million acres of federal offshore land from oil and gas leasing under the Outer Continental Shelf Lands Act of 1953. It directly affects Alaska's economy, energy security, and jobs by opposing the withdrawal of areas near Alaska's coast and Cook Inlet, where the state cites current energy shortages and reliance on costly LNG imports. The resolution requests federal action to restore offshore leasing opportunities and balance energy policy to support "affordable energy, family-supporting jobs, and national security." As a non-binding resolution, it does not change federal policy but formally requests the federal government reverse this administrative decision.

Topics ✗ Energy ✗ Environment

Sub-Topics Oil & Gas

in committee · Alaska · House Jan 31, 2025

HJR 7: Supporting and expressing gratitude to President Donald J. Trump for the Executive Order titled "Unleashing Alaska's Extraordinary Resource Potential" and for the president's recognition of the role of the federal government in revitalizing the state's economy, energy production, and resource development.

HJR 7 is a symbolic resolution expressing Alaska's gratitude to President Trump for his 2020 executive order "Unleashing Alaska's Extraordinary Resource Potential." The resolution specifically commends the executive order's directives to restart oil and gas leasing in the Arctic National Wildlife Refuge, rescind environmental reviews of past projects, and prioritize resource development on federal lands. It does not create new laws or alter regulations but formally supports the executive order's policy goals. The resolution directly affects Alaska's legislative body, which is expressing this stance to the federal government. This is a non-binding gesture, not a legislative change.

Topics ✗ Energy ✗ Environment

Sub-Topics Oil & Gas Wildlife

in committee · Alaska · House Apr 7, 2025

HJR 16: Urging the Export-Import Bank of the United States to prioritize funding for domestic projects, including the Alaska Liquefied Natural Gas project, that do not compete with long-term national export goals.

HJR 16 is a resolution passed by the Alaska State Legislature urging the Export-Import Bank of the United States to prioritize funding for domestic projects like the Alaska Liquefied Natural Gas (LNG) project over the Mozambique LNG project. It requests the bank reconsider its funding for Mozambique LNG - which has a 43 million metric ton annual capacity - arguing it competes with Alaska's project and could reduce demand for domestic LNG exports. The resolution specifically cites Alaska LNG's planned 20,000 metric ton annual capacity and 2031 export timeline as projects that align with national energy security goals. It directs the bank to provide similar support for Alaska LNG as it has for Mozambique LNG, ensuring funding decisions align with long-term U.S. export interests.

Topics ✗ Energy

Sub-Topics Oil & Gas

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