Fairbanks Daily News-Miner
Editorial
With electric rates double those in Anchorage and with space heating costs running four to five times those in the state’s largest city, Fairbanks is facing one of the greatest economic challenges in its history.
The term “energy crisis” has been an overworked in America, but it is not an exaggeration to say that the long-term economic health of our community is at risk with our dependence on oil.
With cheap natural gas available in Cook Inlet for electricity and space heating, the gap between Fairbanks and Anchorage is getting wider by the day, pushing the economies of the two cities in different directions.
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