Alaska Gov. Bill Walker’s recent decision to halt the Juneau Access project has some residents hopeful the new administration will pull the plug altogether, while others are worried how failure to complete the project might affect state finances.

Walker issued the order Dec. 26 to freeze the Juneau Road and five other statewide “megaprojects” pending further review. “With the extensive drop in market oil prices contributing to a large budget deficit, there is a need…