Alaska Miner Journal, November 2020

Nov. 3 Election Has Big Implications for Miners

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As this Journal goes to press, there’s certainty about only one thing in the Nov. 3 general election — that the results will have long-term impacts on Alaska, in general, and the Alaska mining community, in general. At a national level, incumbent Republican President Donald Trump has been particularly good for resource development in Alaska, both appointing Alaskans to key national roles and directing the most aggressive reverse of anti-development government rules in a generation. Trump’s reelection should ensure that trend continues, while Democratic challenger Joe Biden has advocated for a return to restrictions on Alaska resource development, especially North Slope oil and gas. Following the presidential lead, Alaska’s incumbent Sen. Dan Sullivan and Rep. Don Young, both with long histories supporting resource development, have strong opponents with deep election war chests. For Alaska voters, the slate of state candidates reflects the loss of nine long-time moderate

Republican Senators and Representatives in the August primary, and sets the stage for a dramatic shift in both state houses to give Gov. Mike Dunleavy a Legislature more in line with his conservative policies, at a time when the state faces massive budget shortfalls. Finally, Ballot Measure 1, a ballot initiative to restructure Alaska’s oil tax structure yet again, has generated more than $19 million in campaign advertising. Opponents, including AMA, have consistently pointed out the measure would do great harm to Alaska’s most important industry — oil and gas — and by default all the related industries, communities and families, as well as the state budget, that rely on the oil industry. Absentee voting under current pandemic conditions has been at a record pace. Alaska polls for in-person voting will be open until 8 p.m. Nov. 3. AMA will join other Alaska industry associations to hold a post-election online chat discussing election results as they come in.

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November 2020 I The Alaska Miner I www.alaskaminers.org

www.alaskaminers.org I The Alaska Miner I November 2020

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