Alaska
Best solution to Alaska’s PFD ‘gorilla’ is to end the program with $10K payout, Walker argues
Former Gov. Bill Walker, running to again be Alaska’s top elected official, would like to end the Permanent Fund dividend program with a one-time $10,000 payment to each eligible Alaskan.
“We are in this to solve significant issues,” Walker said in a phone interview Friday. “Business as usual just isn’t going to work.”
Alaska has faced a structural deficit — that is, more expenses than revenue — for years. A sharp decline in oil prices in the mid-2010s, during Walker’s first term in office, led him to take the unprecedented step of vetoing part of the Permanent Fund dividend in 2016. Ever since, lawmakers have spent much of their energy each year wrangling over the amount of the dividend.
Though Gov. Mike Dunleavy proposed a dividend in line with a 1980s statute in each of his annual budget proposals, lawmakers consistently approved far smaller payouts — $1,000 last year, and $1,200 this year — with legislators on both sides of the aisle saying the dividend formula is no longer realistic.
“The dividend discussion has been the 600-pound gorilla in the room,” said Randy Hoffbeck, Walker’s former revenue commissioner and running mate.
With the existing formula calling for “financially impossible” dividends, there are two choices, Hoffbeck said.
“We can cage the gorilla with a new formula that better reflects our current economic situation and our fiscal situation, or we can actually remove the gorilla from the room,” he said.
Walker envisions asking Alaskans to endorse the idea with a question on the application for the 2027 Permanent Fund dividend, he said.
“If it’s overwhelmingly, ‘Yes, we like it,’ then we would proceed to the Legislature with legislation,” Walker said. “If it’s not, then we will continue with, probably, looking at a formulaic modification in some way that reflects our current fiscal situation.”
Alaskans would be free to spread the payment over multiple years to avoid a large tax bill, Walker said. And it would be a one-time offer in an effort to avoid people moving to Alaska on a short-term basis to cash in.
“If we paid it out in 2027, people would already have to be here to be eligible,” Hoffbeck said.
Ending the dividend with a one-time $10,000 payment would certainly “stress” the fund, he said. With more than 618,000 applicants for the 2025 dividend, the plan would cost about $6.2 billion.
That’s roughly what would be left in the Permanent Fund’s earnings reserve account, which can be spent with a majority vote of the Legislature and the consent of the governor, after transfers for dividends, government services and inflation-proofing this year and next year, according to figures from the Alaska Permanent Fund Corp., which manages the state’s $89 billion nest egg.
“The $10,000 isn’t a random number,” Hoffbeck said. “It’s a calculated number on what is possible with the current earnings reserve balance.”
But it would go a long way toward erasing the structural deficit, Hoffbeck said. He estimated that beginning in 2028, ending the deficit would free up about $1 billion in revenue.
“Even though it has a depressing effect on the (annual 5% draw), it’s more than offset from the benefits of not having to pay the dividend,” Hoffbeck said.
Walker’s proposal drew criticism from some of his competitors in the governor’s race. Democrat Tom Begich called the plan “fiscally irresponsible” and “fantastical,” comparing it to Dunleavy’s unfulfilled campaign promise to deliver full dividends. It’s the Legislature, not the governor, that sets the maximum amount of the dividend each year, Begich said.
“We may have underfunded education in this state, but Alaskans aren’t stupid,” Begich said.
Walker and Hoffbeck rejected the criticism, insisting the key difference is that their proposal would provide a one-time payment. They said they’d work with the Legislature to push the proposal through if elected.
Alaska
Trump administration to auction oil drilling rights in Alaska wildlife refuge
Alaska
Former Alaska corrections officer sentenced to 150 years in prison for killing wife and teen daughter
A former Alaska corrections officer who pleaded guilty to the 2022 killings of his wife and daughter earlier this year was sentenced this week to 150 years in prison.
Anchorage Superior Court Judge Josie Garton on Tuesday sentenced Jalonni Blackshear to consecutive 75-year sentences for first- and second-degree murder in the 2022 killings of his wife, Raechyl Blackshear, and their 14-year-old daughter, Jayla, according to filings in the case.
The sentence came after Blackshear pleaded guilty to the charges in late January. Blackshear, in a plea agreement affidavit, said that he shot and killed his wife and daughter in their Scenic Foothills neighborhood home on April 4, 2022, amid a police investigation into suspicions that Blackshear had sexually abused his daughter.
The plea agreement called for a 150-year sentence, according to a May 11 sentencing memorandum signed by Assistant District Attorney Rachel Gernat.

Nearly a dozen other charges, including murder, sexual abuse of a minor and incest, were dismissed as part of the plea agreement with prosecutors, according to the memorandum.
Blackshear had a history of abusing and terrorizing his family, Gernat said in the memo. He shot his family members in the head to avoid prosecution on sexual abuse charges after he failed to coerce his daughter to recant statements given to Anchorage police about being sexually assaulted in late March of that year, she wrote.
In his plea agreement affidavit, Blackshear admitted that the murders were unprovoked and that he was likely to face charges for sexually abusing his daughter.
The mother and daughter were last seen on April 3, 2022, after Blackshear convinced his wife to take their daughter to Anchorage police to try to get her to retract her sexual assault allegations, prosecutors said.
Blackshear quit his job and fled Alaska several days later after he was charged with sexually abusing his daughter. Prosecutors said he used the mother and daughter’s phones to impersonate them in an effort to convince others they were alive.
Raechyl and Jayla Blackshear were found dead in the family home days later after Raechyl Blackshear missed a medical appointment, according to police. Tracking data from their phones led to Blackshear’s arrest in New York weeks later, according to prosecutors.
Blackshear was jailed at the Mat-Su Pretrial facility as of Thursday afternoon.
Alaska
Tomorrow Alaska Burns $190 Million Of Taxpayer Money To Drag Oil Companies Into The Arctic Refuge
There’s a place in the far northeast corner of Alaska that almost no American has ever seen and almost every American would tell you to protect. In June the sun never sets. The light is low and golden for twenty hours and soft and golden for the other four. The tundra goes electric green with cottongrass and dwarf willow and Arctic poppy. The Porcupine River runs cold and clear off the Brooks Range. And 143,000 caribou fan out across the coastal plain to give birth to their calves. They’ve been doing this for thousands of years. The herd walks 1,500 miles from interior Alaska and the Canadian Yukon to the same patch of tundra, every spring, to deliver the next generation onto the same ground their grandmothers were born on.
Right now, this week, the herd is on the plain. The calves are being born. Polar bear mothers, the sea ice failing them, have moved their dens onshore. Snow geese feed in the wetlands. Musk oxen, brought back from extinction in the 1930s, move in slow shaggy ranks across the high ground. More than two hundred bird species nest here every summer. Some flew in from Argentina. Some flew in from New Zealand. Some flew in from the edge of Antarctica. The Gwich’in people, who’ve shared this country with the Porcupine herd for thousands of years, call this place Iizhik Gwats’an Gwandaii Goodlit. The Sacred Place Where Life Begins.
Tomorrow morning at 10 a.m. Alaska time, in an office building in downtown Anchorage, the Bureau of Land Management will open sealed bids on the right to drill it. The only confirmed bidder is the State of Alaska itself, putting up $190 million in taxpayer money to drag oil companies into a refuge they’ve already refused to drill twice.
The only entity that has confirmed it will bid tomorrow is the Alaska Industrial Development and Export Authority. AIDEA is a state-owned Alaska corporation. Its money is Alaska taxpayer money. Three weeks ago, AIDEA’s board voted 6-1 to authorize $190 million for tomorrow’s bidding and the seismic exploration that would follow if it wins anything. That’s on top of the roughly $12 million in Alaska public money AIDEA already spent in 2021 buying refuge leases that have, five years later, produced zero barrels of oil, zero dollars in revenue, and a pile of pending litigation. AIDEA’s existing leases were canceled by the Biden administration, reinstated by a federal judge, and tied up in court ever since.
Let me explain what’s happening here, because the official press releases will not.
AIDEA wants the drilling. The Alaska political establishment has wanted the drilling for fifty years. Two prior federal lease sales on this same land asked whether private industry actually wanted to drill it, and private industry said no. The 2021 sale drew almost no major oil company bids. The 2025 sale drew zero bids of any kind. None. Exxon sat out. So did Chevron. So did Shell and ConocoPhillips. Every one of the six largest American banks refuses to finance Arctic Refuge drilling. Every major oil company has, on the record, in repeated lease sales, walked away.
So the Alaska political class is using state public money to bring the drillers in. AIDEA director Randy Ruaro told the Anchorage Daily News in May, “We’re absolutely interested.” His board voted to spend $190 million the next week. The lone no vote came from Andrew Guy, president of the Indigenous-owned Calista Corp., who said the agency hadn’t explained what the $190 million was actually for. The board went ahead anyway.
AIDEA’s bid serves a single purpose. The state’s development bank locks up acreage tomorrow so that an oil major can take a sublease later, when political weather changes or new federal infrastructure makes the project feasible. Call it what it is. A $190 million Alaska taxpayer downpayment on the destruction of the most pristine wildlife refuge in the country. Alaska is paying nearly a quarter of a billion dollars to make sure the drilling pipeline stays alive when the actual market has rejected it twice.
The Trump administration will call the result a successful sale tomorrow afternoon. The Alaska delegation will call it industry vindication. Alaska taxpayers will eat the $190 million. The federal government will pocket the bid money. The polar bears and the caribou will be one auction closer to gone.
When Congress opened the refuge to drilling in the 2017 Tax Cuts and Jobs Act, the Congressional Budget Office estimated the two mandated lease sales would generate $1.82 billion over ten years. Pro-drilling members of Congress sold the program as a $1 billion offset against the bill’s $1.9 trillion price tag. The actual federal take from the 2021 sale was $8.2 million. The take from the 2025 sale was zero.
When Congress passed the One Big Beautiful Bill Act last summer and mandated four more sales, CBO revised the revenue estimate down to $452 million across the entire ten-year window. Taxpayers for Common Sense, the nonpartisan watchdog that’s tracked this program for a decade, calls even that estimate wildly inflated. Their projection based on twenty years of actual North Slope bidding data is $3 to $30 million in total federal revenue across all four sales combined.
To translate that, 2017 voters were told the program would pay for itself. The actual pace at which the program is paying for itself is roughly the cost of an elevator retrofit on a single Senate office building. We’ve written before about the lie behind ‘unused’ public land and the math that doesn’t add up on public lands logging. This is the same con, run on the same talking points, for the same beneficiaries. The pattern repeats. The federal government promises billions in extractive revenue. Actual revenue arrives in the low millions. The land is ruined regardless.
The reason the math doesn’t work is structural. There are no roads on the coastal plain. The Trans-Alaska Pipeline stops a hundred and twenty miles to the west at Prudhoe Bay. The airstrips, the housing, the processing capacity that any commercial operation would require, all of it would have to be built from scratch, in a place where winter lasts nine months and the working window for surface infrastructure is measured in weeks. A new field in the Refuge would take seven to ten years to develop before the first barrel reached a refinery. Whatever crisis the Trump administration cites tomorrow to justify the sale will be eight years in the rearview by the time any oil moves.
Goldman Sachs ran these numbers in 2017 and called Arctic exploration economically unjustifiable. The market agreed twice. Tomorrow, Alaska public money will try to override the market.
The man running tomorrow’s sale is Doug Burgum, the former North Dakota governor that Trump confirmed as Interior Secretary in January 2025 with a mandate to maximize fossil fuel extraction from federal lands. Burgum’s previous job was running the third-largest oil-producing state in the country. The Associated Press, citing state records, reported that his administration coordinated with oil industry lobbyists on regulatory strategy while his own family was leasing land to oil companies.
In October 2025, Burgum reopened the entire 1.56-million-acre coastal plain to leasing. In December 2025, Trump signed six Congressional Review Act resolutions overturning BLM management plans that had protected the coastal plain along with five other major federal land units. The CRA carries a permanent bar against the agency issuing comparable protections without new congressional action. The same Interior Department also opened the entire Gulf of Mexico oil and gas program by convening the God Squad for the first time in thirty years to exempt the program from the Endangered Species Act. Over the heads of fifty-one Rice’s whales. Tomorrow’s auction is one move in a campaign.
The Gwich’in Steering Committee was unequivocal. “Secretary Burgum’s intentions to pilfer sacred land in the Arctic Refuge to the highest bidder flies in the face of the rights of the Gwich’in as Indigenous people and, quite frankly, in the face of common sense.” On April 28, Steering Committee Executive Director Kristen Moreland sent letters to eight major oil company executives formally requesting they decline to bid tomorrow. The day after, 13 conservation organizations sent a parallel letter to 11 oil executives reminding them of the reputational risk of bidding. As of this writing, none of those companies has publicly confirmed they will. None has publicly confirmed they won’t.
Look at the numbers, then think about what they mean.
The Porcupine caribou herd has dropped from 218,000 animals in 2017 to 143,000 in the most recent 2026 survey. A thirty-five percent decline in nine years. The coastal plain is their calving ground. The geographic reason there’s still a Porcupine herd at all.
The Southern Beaufort Sea polar bear population, the bears that den on the coastal plain, has dropped to a draft 2025 estimate of 819 bears. The 1980s estimate was upwards of 1,500. They’ve been listed as threatened under the Endangered Species Act since 2008, the law Doug Burgum’s Interior Department is currently dismantling through regulation. Three-quarters of the coastal plain is now their primary denning habitat, because sea ice denning is no longer viable. The mothers dig their dens in snowdrifts behind the dunes. They give birth in those dens in winter. The cubs are smaller than a softball when they’re born and weigh roughly a pound. They cannot be moved.
Seismic exploration uses 90,000-pound thumper trucks that pound the tundra in winter to map subsurface geology. The forward-looking infrared technology the oil industry uses to locate polar bear dens before driving over them has been documented missing more than half of known dens in field-tested conditions. When the technology misses a den, the truck drives over it. When the mother bear flees her den early, the cubs die.
Read that again. The technology misses more than half the time. When it misses, the cubs die. Tomorrow morning, Alaska is committing $190 million of public money to bring that equipment into the highest-density polar bear denning habitat in the United States. The hunters and anglers who love the Refuge know this as well as the scientists do. The same audience who saw the 1.4 million acres of the Dalton Corridor transferred to Alaska last month, severing the wildlife corridor between Gates of the Arctic, the Arctic Refuge, and two adjacent refuges. The same audience who watched 58 million acres of national forest get opened to industrial logging in March. The pattern is the pattern. The country we hand to our kids will have less of this in it every year we tolerate this.
Two full ANWR lease sales under the original 2017 Tax Cuts and Jobs Act mandate happened. Both flopped. CBO cut its revenue forecast in half. The banks won’t finance. The majors won’t bid. The Indigenous nation whose existence depends on the caribou opposes it. The polar bears are at a fraction of their historical numbers. The hunters and anglers who rely on those public lands are watching the access disappear. And the State of Alaska is throwing a quarter of a billion dollars in public money at the problem tomorrow to keep the political show alive.
Ninety-nine percent of one million public comments on the original program opposed drilling. Two-thirds of registered voters consistently oppose drilling in polling. The United Nations Committee on the Elimination of Racial Discrimination has sounded alarms three times about the human rights violations entailed in opening the calving grounds without Gwich’in consent. Multiple federal lawsuits are pending against the 2025 Record of Decision under the APA, the Wilderness Act, ANILCA, the Refuge Act, NEPA, the ESA, and the underlying statutory authorities. The Center for Biological Diversity and Defenders of Wildlife have served notice of intent to sue under the Endangered Species Act over polar bear impacts. The administration is conducting the sale anyway.
It’s a familiar pattern from this Interior Department. Move fast. Transfer the asset. Generate facts on the ground. Let the courts try to unwind them later. Once a lease sells, it encumbers the land for years. Active leases generate environmental reviews and seismic permits and road petitions and infrastructure proposals and an institutional momentum the courts struggle to undo even after they rule the underlying decisions unlawful. That’s the point of holding the sale anyway.
We Will Never Forgive or Forget Those Who Sell Our Public Lands is the name of a piece we ran last summer. It feels more applicable every week. Tomorrow morning, the State of Alaska is adding a $190 million line item to that ledger.
The U.S. House and Senate hold the keys here. The OBBBA mandate that compels tomorrow’s sale was written by Congress and signed by the president, and only Congress can rescind it. Find out how your senators and representative voted on every public lands measure of 2025 and 2026 in the Congressional Public Lands Scorecard. Call them. Tell them you want HR 3067, the Arctic Refuge Protection Act, advanced. Tell them you want the OBBBA Arctic Refuge mandate repealed. Tell them you noticed.
Tell them you noticed that the only confirmed bidder is using public money to bring oil companies to a place those companies don’t want to be.
Tell them you noticed the math has never worked.
Tell them you noticed what they’re selling, and you know we don’t get this one back.
Raise some hell,
Will
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