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The Alaska Contractor: Special 60th Anniversary Issue

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PH O TO: CO U R T E SY O F AN C H O R AG E<br />

MU S E U M AT RASMUSON CENTER<br />

1971<br />

<strong>Alaska</strong> Native Claims<br />

Settlement Act passed. Parks<br />

Highway complete.<br />

1970<br />

<strong>Alaska</strong>ʼs population totals<br />

295,000. Gov. William<br />

A. Egan was sworn in for<br />

a second term. Con Frank<br />

named chairman of the<br />

board for GHEMM Co.<br />

PH OTO S: CO U R T E SY O F<br />

PND ENGINEERS<br />

PH OTO S: CO U R T E SY O F U.S. GE O LO G I C A L<br />

SU RV E Y / U.S. DEPARTMENT O F T H E IN T E R I O R<br />

1973<br />

Congress passes<br />

the Trans-<br />

<strong>Alaska</strong> Pipeline<br />

Authorization<br />

Act after Vice<br />

President Spiro T.<br />

Agnew cast the<br />

deciding vote to<br />

break a 50-50 tie<br />

in the Senate on<br />

July 17. War in<br />

the Middle East in<br />

October causes<br />

oil prices to rise<br />

from $3 to $16<br />

per barrel.<br />

1974<br />

1973-77<br />

Construction boom<br />

population up by<br />

25 percent.<br />

1975<br />

<strong>Alaska</strong><br />

Legislature<br />

appropriates<br />

funds for<br />

100 100 satellite satellite<br />

earth stations<br />

to establish<br />

a statewide statewide<br />

satellite<br />

communications<br />

network.<br />

1976<br />

Voters approve<br />

constitutional<br />

amendment<br />

establishing<br />

<strong>Alaska</strong><br />

Permanent<br />

Fund to receive<br />

“at least 25<br />

percent” of<br />

all state oil<br />

revenues and<br />

related income.<br />

Thousands of workers fl ock to <strong>Alaska</strong> to begin construction on the<br />

pipeline. Construction lasts 39 months and cost $8 billion. Rich<br />

Richmond moves to <strong>Alaska</strong>. Jay Hammond elected governor.<br />

<strong>60th</strong> <strong>Anniversary</strong> <strong>Issue</strong> 1948–2008 <strong>The</strong> <strong>Alaska</strong> conTrAcTor 31<br />

PH PH O O TO: TO: CO CO U U R R T T E E SY SY O O F F ALY ALY E E S S K K A A PIPELINE PIPELINE SE SE RV RV I I C C E E CO.<br />

CO.

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