Alaska State (U.S.A.), land of energy resources, millionaires, rivers, seafood, potatoes, carrots, lettuce, and cabbage
Beyond great
challenges related to viable road infrastructures,
Alaska is a rich land with + 1 million consumers dispersed mostly in the rural
areas.
According to
a 2013 study by Phoenix Marketing International, Alaska had
the fifth-largest number of millionaires per capita in the United States, with
a ratio of 6.75 percent. The oil and
gas industry dominates the Alaskan economy.
Alaska's
main export product (excluding oil and natural
gas) is seafood, primarily salmon, cod, Pollock and crab.
Agricultural
production is primarily for consumption within the state and includes nursery stock,
dairy products, vegetables, and livestock. Manufacturing is limited, with most
foodstuffs and general goods imported from elsewhere.
Employment
is primarily in government and industries such as natural
resource extraction, shipping, and transportation.
Military
bases are a significant component of the economy in the Fairbanks North Star,
Anchorage and Kodiak Island boroughs, as well as Kodiak.
Industrial
outputs are crude petroleum, natural gas, coal, gold, precious metals, zinc and
other mining, seafood processing, timber and wood products.
The Trans-Alaska Pipeline transports oil, Alaska's most
financially important export, from the North Slope to Valdez.
Alaska has
vast energy resources, although its oil reserves
have been largely depleted. Major oil
and gas reserves were found in the Alaska North Slope (ANS) and Cook Inlet basins, but according to the
Energy Information Administration.
The United States Geological Survey estimates that there are 85.4 trillion cubic feet (2,420 km3)
of undiscovered, technically recoverable gas from natural gas hydrates on the
Alaskan North Slope. Alaska also offers
some of the highest hydroelectric power potential in the country from its
numerous rivers. Large swaths of the Alaskan coastline offer wind and
geothermal energy potential as well.
Alaska's economy depends heavily on
increasingly expensive diesel fuel for heating, transportation, electric power
and light.
The cost of
goods in Alaska has long been higher than in the contiguous 48 states.
Rural Alaska suffers from extremely high prices for food and consumer goods compared to
the rest of the country, due to the relatively limited transportation
infrastructure.
Halibut is important to the state's
economy as both a commercial and sport-caught fish.
Due to the
northern climate and short growing season, relatively little
farming occurs in Alaska. Most farms
are in either the Matanuska
Valley, about 40 miles (64 km) northeast of Anchorage, or on the Kenai
Peninsula, about 60 miles (97 km) southwest of Anchorage.
The primary
crops are potatoes, carrots, lettuce, and cabbage.
Alaska, with no counties, lacks county fairs. However, a small assortment of state
and local fairs (with the Alaska
State Fair in Palmer the largest), are held mostly in the late summer.
Alaska has
an abundance of seafood, with the primary fisheries
in the Bering Sea and the North Pacific. Many
Alaskans take advantage of salmon seasons to harvest portions of their
household diet while fishing for subsistence, as well as sport. This includes
fish taken by hook, net or wheel.
Most food in
Alaska is transported into the state from "Outside", and shipping costs make food in the cities
relatively expensive. In rural areas,
subsistence hunting and gathering is an essential activity because imported
food is prohibitively expensive.
Alaska has
few road connections compared to the rest of the
U.S. The state capital, Juneau, is
not accessible by road, only a car ferry.
One unique
feature of the Alaska Highway system is the Anton Anderson Memorial Tunnel, an
active Alaska Railroad tunnel recently upgraded to provide a paved roadway link
with the isolated community of Whittier on Prince William Sound to the Seward
Highway about 50 miles (80 km) southeast of Anchorage at Portage.
The railroad
played a vital role in Alaska's development,
moving freight into Alaska while transporting natural resources southward
(i.e., coal from the Usibelli coal mine near Healy to Seward and gravel from the Matanuska
Valley to Anchorage). It is well
known for its summertime tour passenger service.
Many cities, towns and villages in the state do not have road or highway access; the
only modes of access involve travel by air, river, or the sea.
The bulk of
remaining commercial flight offerings come from
small regional commuter airlines such as Ravn Alaska, PenAir, and Frontier Flying Service.
Alaska's internet and other data transport systems are provided largely through
the two major telecommunications companies: GCI and Alaska Communications.
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