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Alaska historian Terrence Cole Since the completion of the Trans-Alaska Pipeline System in 1977, the government of the state of Alaska has been reliant on taxes paid by oil producers and shippers. Prior to 1976, Alaska's personal income tax rate was 14.5 percent—the highest in the United States. The gross state product was $8 billion, and Alaskans earned $5 billion in personal income. Thirty ...
The construction of the Trans-Alaska Pipeline System included over 800 miles (1,300 km) of oil pipeline, 12 pump stations, and a new tanker port.Built largely on permafrost during 1975–77 between Prudhoe Bay and Valdez, Alaska, the $8 billion effort required tens of thousands of people, often working in extreme temperatures and conditions, the invention of specialized construction techniques ...
The Alaska gas pipeline is a joint project of TransCanada Corp. and ExxonMobil Corp. to develop a natural gas pipeline under the AGIA, a.k.a. the Alaska Gas Inducement Act, adopted by Alaska Legislature in 2007. [1] The project originally proposed two options during its open season offering over a three-month period from April 30 to July 30, 2010.
History. The Alaska corporation commonly known as Alyeska Pipeline Company was founded in 1970 to design, construct, operate and maintain a pipeline to transport oil from the fields on the North Slope of Alaska where oil was discovered in 1968 to an ice-free deep-water port in Valdez, Alaska. The pipeline was built between March 1975 and June ...
The Trans-Alaska Pipeline Authorization Act of 1973 is a United States federal law signed by US President Richard Nixon on November 16, 1973, that authorized the building of an oil pipeline connecting the North Slope of Alaska to Port Valdez. Specifically, it halted all legal challenges, which were filed primarily by environmental activists ...
Shortly after the oil from Alaska's North Slope began flowing to market through the Trans-Alaska Pipeline System, the Permanent Fund was created by an amendment to the Alaska Constitution. It was designed to be an investment where at least 25% of the oil money would be put into a dedicated fund for future generations, who would no longer have ...
Civil engineer. Known for. being senior engineer in charge of the construction of the Trans-Alaska Pipeline System. Frank P. Moolin Jr. (1934–1982) was the senior engineer in charge of the construction of the Trans-Alaska Pipeline System. [1][2] He graduated from the University of Chicago magna cum laude with an engineering degree. [3]
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