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What's at stake: The debate over Arctic drilling

...drilling. Alaska receives upward of 90 percent of its revenue from the oil industry, and a drop in capacity or a dip in crude oil prices can mean multi-billion dollar state government deficits. Alaska is experiencing both.Though Shell is drilling...

http://peninsulaclarion.com/news/2015-05-14/whats-at-stake-the-debate-over-arcti
News
Industry wary amid shakeups

...Alaska" conference in Anchorage Jan. 9.Activity is still bustling on the North Slope despite the steady slide of crude oil prices - Alaska crude oil slid to $50 per barrel last week - but contractors worry that the layoff of rigs, crews and budget...

http://peninsulaclarion.com/trends/2015-02-23/industry-wary-amid-shakeups
Trends
North Slope crude prices down since July

...although those prices are usually "sticky," meaning they don't fall as quickly as crude oil.Alaska North Slope crude oil prices have been declining steadily since July, from about $111 per barrel in early July to about $91 per barrel on Oct...

http://peninsulaclarion.com/news/2014-10-12/north-slope-crude-prices-down-since-
News

...AAA wrote in its annual Memorial Day forecast.Steady gasoline prices are largely the result of relatively steady crude oil prices, even though there has been a long list of global supply disruptions and political turmoil that that typically would...

http://peninsulaclarion.com/jonathan-fahey/2014-05-24
Agrium now included in refinery tax credit bill pending in Juneau

...is enough to help the company.The two PetroStar refineries face difficulties, the company said, because of high crude oil prices and payments that must be made to the Quality Bank, a mechanism that compensates companies that ship oil through...

http://peninsulaclarion.com/news/2014-04-16/agrium-now-included-in-refinery-tax-
News
Agrium now included in refinery tax credit bill pending in Juneau

...face difficulties, the company said, because of high crude oil prices and payments that must be made to the Quality Bank...refineries face economic difficulties because of high crude oil prices and because payments must be made to the Quality Bank...

http://peninsulaclarion.com/news/2014-04-16/agrium-now-included-in-refinery-tax-
News
Oil, gas tax will boost revenues

...called by Gov. Sarah Palin to consider an increase in taxes. The revenue projection is based on an assumption that crude oil prices will average $71.65 per barrel, the price used in the state's official revenue forecast, according to Alaska...

http://www.peninsulaclarion.com/stories/112707/news_3590.shtml
News
OPEC not planning to replace Iraqi shortfall; Iran moderates stance

...until at least late June by insisting that global supplies were ''normal'' in relation to the physical demand for crude. Oil prices seesawed on a day of conflicting market signals. Iran's oil minister reaffirmed that his country would not join...

http://www.peninsulaclarion.com/stories/041102/bus_041102new5000001.shtml
Business
Kenai borough, Tesoro reach deal on refinery

...current market conditions, Anderson said. The first index is based on a comparison of finished product prices with crude oil prices. This index is called a "crack spread" in the industry, Anderson said. The second index is a year-by-year...

http://peninsulaclarion.com/news/2012-06-23/kenai-borough-tesoro-reach-deal-on-r
News
Energy issues to dominate 2010 legislative session

...and available money -- which is what concerns most people -- there seems to be enough of it this year, thanks for crude oil prices remaining in the $70 to $80 per barrel range. Oil pays for about 85 percent of the state budget. The state Department...

http://www.peninsulaclarion.com/stories/011710/new_499253971.shtml

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