Alaska Native Land Claims Settlement Act

May 12th 2012adminUncategorized

In 1968, oil was discovered at Prudhoe Bay in a remote location along the Arctic coast. Because of the isolation of the location, the best solution seemed to be to build a pipeline across Alaska to the port of Valdez. The plan was great, but the permit could not be approved until the claims of Alaskan natives were settled. Then president Richard Nixon signed the Alaska Native Claims Settlement Act in December of 1971, distributing $962.5 million to 200 local villages and 12 native owned corporations in Continue Reading »

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Why Oil is Important to Alaska

May 9th 2012adminUncategorized

Oil is important to the state of Alaska because the economy relies heavily on the production. Alaska’s production of oil is vital for the state government and the residents that call this beautiful state their home. This state realized how much they count on the revenue from oil when prices crashed in 1985 and 1986. They experienced a dramatic downturn in the economy and state revenue. This was a very difficult time for every resident throughout the entire state. Once prices went back up then the state slowly recovered. They now understand Continue Reading »

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A Short History of the Trans-Alaska Pipeline

May 6th 2012adminUncategorized

A short history of the trans-alaska pipeline will provide you with the basic knowledge regarding this legendary pipeline which remains an integral part of American History.

•In 1968, the company that is now known as Exxon Oil discovered a vast oil mine at Prudhoe Bay in Alaska. Plans were immediately put into action to build a pipeline to extract and transport this oil.
•1970 – the year of lawsuits and injunctions filed against Exxon to prevent pipeline construction. This remained in court for over three years and no construction was Continue Reading »

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North to Alaska: The Nome Gold Rush

May 5th 2012adminUncategorized

In 1898, gold was found near Anvil Creek just west of Nome, Alaska. The cries of “Gold!” filled the air, and before long, 10,000 people had flocked to the then-tiny town. Most of these newcomers were refugees from the Klondike rush, which, by 1899, had given up the majority of its treasure and was running dry. The discovery of gold in Nome saw prospectors arriving in droves, creating one of Alaska’s longest and most profitable gold rushes.

In 1900, gold was found on a large section of the Nome coastline, and steamer ships from San Francisco Continue Reading »

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