Wikibooks: History of Alaska/Alaska in US Popular Culture (1867-present)

=Alaska in the United States Popular Culture (1867 present)= = Prudhoe Bay Oil Field = Following the Alaskan Statehood in 1959 the Prudhoe Bay Oil field was discovered on the North Slope of Alaska on March 12 1968. Through ownership of this oilfield the Alaskan government could supplement the state...

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Online Access:https://en.wikibooks.org/wiki/History_of_Alaska/Alaska_in_US_Popular_Culture_(1867-present)
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Summary:=Alaska in the United States Popular Culture (1867 present)= = Prudhoe Bay Oil Field = Following the Alaskan Statehood in 1959 the Prudhoe Bay Oil field was discovered on the North Slope of Alaska on March 12 1968. Through ownership of this oilfield the Alaskan government could supplement the state economy by claiming payments and taxes from the trade of oil. A trans Alaska pipeline project was undertaken by the state government for the oil trade to different regions of Alaska. However the physical geography of the trail and land ownership issues were problematic for the authority to render the project. The issue of land ownership had to be resolved in order to implement the project in that region. The Alaskan lands were granted to multiple agencies in the United States leaving the Alaskan natives with minimal rights to the land. In a quest to claim the rights to their ancestral lands Alaskan natives raised this issue perpetually. Eventually the state government decided to settle the land claims to affix the trans Alaska pipeline on the trail. = Alaska Native Claims Settlement Act (ANCSA) = On December 18 1971 the Alaska Native Claims Settlement act was officially enacted into law by the Congress of the United States under the presidency of Richard M. Nixon. Declaration of this act into the judicial system led to huge alterations of land claimants and monetary payments between the native Alaskans and the government. Congress decided to compensate the native Alaskans for the land seized from them for almost a century. This compensation included an authorization of 400 million acres of land and approximately $965 million dollars. This moment was marked by contentment for native Alaskans as they concurred with the amendments to the bill. In terms of managing the land and monetary funds ANCSA implemented 12 regional corporations and almost 200 village corporations to account for monetary funds and land. = 12 Regional Corporations = =Arctic Slope Regional Corporation (ASRC)= Representing eight villages an abundant ...