Rep. Scott Kawasaki

September 17, 2015

Gas Prices, UAF, and the PFD

Dear Neighbors,

Price Gouging at the Pump

Rep. Adam Wool and I Call for Investigation on Gas Prices in Fairbanks.
Rep. Adam Wool and I Call for Investigation on Gas Prices in Fairbanks.

Earlier this month, I sent a letter to Governor Walker urging him to investigate high gas prices at the pump across Alaska. We have long seen a high price of gasoline, though an oil pipeline is in our own backyard. In 2007, an investigation by Governor Sarah Palin resulted in an inconclusive correlation between the price of gasoline and the price of crude, especially since crude prices were rising so quickly and refineries were using expensive oil to make gas. However, with the price of oil dropping to the levels of the early 2000’s, it remains a strong curiosity why the price of gasoline in Alaska continues to be the highest in the nation!

According to the Oil and Gas Journal, in 2007 oil was $78 a barrel with fuel prices around $2.40 a gallon. Today, with gas prices hovering below $50 a barrel, the price at the pump is still well over $3.30 a gallon. When oil prices go up, our gas prices go up, but when oil prices plummet, gas prices did not drop. While it is understandable that fuel prices will rise and fall with the price of oil, there is no reason for such a high profits off of our own oil.

Please contact your lawmaker today and request that an investigation be opened by the Governor or the Legislature.

Start of a New Semester

I met with members of UA’s student government last session.
I met with members of UA’s student government last session.

I was proud to welcome new students to UAF earlier this month.As a UAF alumnus, it is great to see successful young academics from across the state, country and globe who chose to come to Fairbanks for their studies. I have always been a strong booster of the University and believe it is one of the best public institutions in our nation. The university took a big cut last session. UAF is the flagship university campus in the Last Frontier and serves as a strong reminder of the importance of education for the future of Alaska. To new and returning Nanooks – welcome to the Golden Heart City and have a fantastic year. As a fellow member of Nanook Nation, please feel free to contact my office if I may ever be of service to you in the future.

Reminder: Convocation 2015 -- UAF Chancellor Powers will be delivering the State of the University Thursday, September 24 at 1pm in the Davis Concert Hall. Watch via livestream here.

The Alaska Permanent Fund Announcement Soon

Rep. Wool and I presenting a citation honoring Fairbanks Thai Restaurants at Lemongrass.
Rep. Wool and I presenting a citation honoring Fairbanks Thai Restaurants at Lemongrass.

The Governor’s office will announce the amount of the Permanent Fund Dividend on Monday,

September 21st at 10:00am. The announcement can be livestreamed[gov.alaska.gov/livestream]here. The PFD took our limited natural resource of oil and has turned it into a $50-billion fund that provides annual dividends and helps to build schools, hire police officers and balance our budget. The “permanent funds” of all other states combined is still smaller than ours! As fortunate citizens of an owner state full of oil royalty revenues, every Alaskan gets to share in the resources being developed on our North Slope. The Permanent Fund has paid out more in PFD’s than the revenues that have been put into the fund with prudent management and an eye toward the future. We should be thankful that we have the fund, now and hopefully, in the future.

Working Hard for Fairbanks Families,

[SIGNED]

Representative Scott Kawasaki
Alaska State Representative
City of Fairbanks

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As your Representative,
I am here to listen and help. Contact me anytime.

Rep.Scott.Kawasaki@akleg.gov
 
www.RepScottKawasaki.com
 
IN JUNEAU:
Phone: (907) 465-3466
FAX: (907) 465-2937
State Capitol Building
Juneau, AK 99801

IN FAIRBANKS:
Phone: (907) 456-7423
1292 Sadler Way
(AlaskaUSA Credit Building)
Fairbanks, AK 99701
 
Toll Free: (866) 465-3466

Voice your opinions!
Here are some ways to let your voice be heard regarding issues important to you.

Write a Letter to the Editor - submit up to a 350 word letter to the Fairbanks News Miner via their website:
http://newsminer.com

Contact the Governor
Governor Walker's Fairbanks office may be reached at 451-2920, or e-mail him. You can also visit the state website at alaska.gov

Contact your
Congressional Delegation

Senator Dan Sullivan
Fairbanks Office:
101 12th Avenue, # 328
Fairbanks, AK 99701
(907) 456-0261 or Email

Congressman Don Young
100 Cushman St., #307
Key Bank Building
Fairbanks, Alaska 99701
(907) 456-0210 or Email

Senator Lisa Murkowski
Fairbanks Office:
101 12th Avenue, # 329
Fairbanks, AK 99701
907-456-0233 or Email