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Article: Top business stories for 2004: from the gasline to tourism to exports, 2004 was a good year for Alaska.
- Article from:
- Alaska Business Monthly
- Article date:
- December 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Alaska Business Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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It has been a good year for Alaska's business communities. What a difference a year makes.
Twelve months ago, one of the major business stories was Alaska's "budget woes." The media was filled with chatter about slashing budgets, and reintroducing state income or sales taxes. Plus, like bears focused on a bucket of honey, many politicians drooled at the thought of dipping their paws into Alaska's Permanent Fund.
Why is this year different? It all boils down to three little words: higher oil prices.
Another top story for 2004 is the passage of laws by the federal government, with incentives for oil companies to produce a natural gas pipeline ...