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NORTH SLOPE BOROUGH DAY NEWS
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09/28/2026 · North Slope Borough

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Oil Prices Rise, Borrowing Costs Increase Amid Middle East Concerns

Oil Prices Rise, Borrowing Costs Increase Amid Middle East Concerns

Global oil prices reached $105 per barrel today. This increase occurs as financial markets react to developments in the Middle East. Borrowing costs have also climbed.

09/27/2026
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Business

Brent Crude Price Exceeds $107 Per Barrel

Brent crude oil prices have surpassed $107 per barrel, a level not seen since May. This increase occurred as bond yields also rose, impacting global financial markets.

09/27/2026

Business

Satellite Imagery Reveals Damage to Key Oil Pipeline

New satellite images show significant damage to a critical oil pipeline, leading to its closure. Analysts indicate this disruption could reduce global oil supplies by millions of barrels per day. The full impact of the closure on the energy market remains under assessment.

09/27/2026

Business

Proposed Legislation Seeks to Regulate Cryptocurrency Market in U.S.

A legislative proposal, known as the Clarity Act, seeks to implement the first comprehensive regulations for the cryptocurrency industry in the United States. While proponents advocate for clear guidelines, opponents express significant concerns regarding its provisions. The bill's future in the Senate remains uncertain.

09/27/2026

Business

Warren Buffett Steps Down From Berkshire Hathaway Leadership

Warren Buffett has concluded his six-decade tenure leading Berkshire Hathaway. He transformed a textile company into a global investment firm. The departure marks a significant leadership change for the company.

09/28/2026

Business

30-Year Mortgage Rates Reach 7.2% Amid High Home Prices

Interest rates for a 30-year fixed mortgage reached 7.2%. This increase occurs alongside near-record high home prices, impacting the ability of many individuals to purchase a home.

09/28/2026

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Wrangell Municipal Light & Power Transitions to Diesel Generation October 1st

PUBLIC NOTICE Wrangell Municipal Light & Power will be going to diesel generation starting October 1st, 2023. As you know, our hydroelectric generation system has had some issues this past year. In order to provide reliable power to the community, we will be starting up our diesel generators on October 1st, 2023. This will be a temporary situation until we can get our hydroelectric system repaired and back to normal operations. We appreciate your understanding and patience during this time.

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Water Shutoff Alert for Church Street and Bevier Street Residents in Wrangell

The City and Borough of Wrangell Public Works Department will be shutting off water to Church Street and Bevier St. for necessary repairs. Please be advised that water service will be interrupted for an indefinite period to allow Public Works to complete this critical maintenance. We apologize for any inconvenience this may cause.

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Wrangell Planning Department Offers Key Services for Development

The Planning Department is responsible for administering and enforcing the borough's zoning ordinance, subdivision regulations, and other land use controls. Services include: * **Zoning Information and Permits:** Assistance with understanding zoning regulations and obtaining necessary permits for construction, renovation, or changes in land use. * **Subdivision Review:** Processing applications for the division of land into smaller parcels. * **Building Permits:** Issuing permits for new construction, additions, and alterations to ensure compliance with building codes. * **Comprehensive Planning:** Developing and updating the borough's long-range plans for community growth and development. * **Economic Development:** Supporting initiatives that promote business growth and diversification within Wrangell. Residents and businesses are encouraged to consult with the Planning Department early in their project planning process to ensure compliance and a smooth approval process. Contact Information: Planning Department City and Borough of Wrangell 205 Front Street Wrangell, AK 99929 Phone: (907) 874-3900 Email: [email protected]

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