Alaska’s Major Industries
- Crude petroleum
- Natural gas
- Coal
- Gold
- Precious metals
- Zinc
- Mining
- Seafood processing
- Timber
- Wood products
- Services
- Tourism
Alaska is the largest U.S. state, comprising more area than the next three largest states combined. The oil and gas industry provides 85% of Alaska’s state budget revenue. Alaska has vast energy resources, with major oil and gas reserves in the Alaska North Slope and Cook Inlet. Its unique location provides an abundance of seafood. It is also home to craft breweries and distilleries that produce high-quality beverages.
Alaska’s Economic Position
Driven by economics and technology, the world is moving away from oil. Alaska is at an economic crossroads. There is strong global interest in Alaska’s mineral potential, especially metals. Native corporations in Anchorage serve as hubs empowering indigenous communities.
Industries in Anchorage, Alaska
- Crude petroleum
- Natural gas
- Coal
- Gold
- Precious metals
- Zinc
- Mining
- Seafood processing
- Timber
- Wood products
- Services
- Tourism
Anchorage is the business and transportation hub, yet smaller communities retain traditional lifestyles. Alaska faces environmental threats and economic uncertainty, but its people persevere by drawing strength from the land.