Friday’s Fast Five

Headlamp wants our followers to always be up to date with the developments in Alaska’s economy, politics, and industry. Check out this week’s rundown of the stories affecting you.

Top Story of the Week

This week, lawmakers officially gaveled out of the 5th legislative special session. No votes on budget reducing measures were held during the entirety of the session.

Top Reads of the Week

Moody’s report addresses little change in budget, politics
Juneau Empire, Elwood Brehmer, July 21, 2016
Alaska’s credit rating hasn’t been downgraded again — yet.

Walker picks former state Sen. French for oil and gas commission
Alaska Journal of Commerce, Elwood Brehmer, July 20, 2016
Gov. Bill Walker appointed former Anchorage Democratic state Sen. Hollis French to the Alaska Oil and Gas Conservation Commission Wednesday, making the three-person commission whole again for the first time in more than a year.

First foreign tanker set to load Alaska oil in three decades
World Oil, Sheela Tobben, July 19, 2016
A cargo of Alaska North Slope crude is scheduled to load next week aboard a foreign-flagged tanker for the first time in more than 30 years.

Quote of the Week

 “We have the right to economic prosperity too.”Rex Allen Rock Sr., president of Arctic Iñupiat Offshore and CEO of Arctic Slope Regional Corp