U.S. House panel quietly advances Arctic drilling and other Alaska oil developments

U.S. House panel quietly advances Arctic drilling and other Alaska oil developments

Rep. Jared Huffman, D-Calif., employed puns and posters denounce the GOP reconciliation bill when the U.S. House Natural Resources Committee marked up the bill on May 6, 2025. (Screenshot/U.S. House Video) WASHINGTON — In an unusually quiet session, the U.S. House Natural Resources Committee passed a bill to mandate new oil lease sales in the Arctic National Wildlife Refuge and allow construction of the Ambler Road, crossing protected federal la…

Epic win: Congressman Begich bags historic 90/10 oil revenue split for Alaska

Congressman Nick Begich is flipping the script on Alaska’s share of oil revenues. In the budget reconciliation bill going through Congress, he has also thrown a life ring to Alaska legislators struggling to balance the state budget. In what could be one of the most important developments for Alaska’s economy and ailing state budget, Begich, […] The post Epic win: Congressman Begich bags historic 90/10 oil revenue split for Alaska appeared first …

Congressman Nick Begich Champions a Game-Changer for Alaska’s Economy and Future - Power The Future

In a bold and strategic move, Congressman Nick Begich is delivering a lifeline to Alaska’s economy and securing a brighter fiscal future for the state. In just 125 days since taking office, Begich has proven himself a fierce advocate for Alaska, spearheading a groundbreaking budget reconciliation proposal. This proposal is a long-overdue fix to Alaska’s share of oil and gas leasing revenues. Under current law, Alaska receives only 50% of the rev…