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Falling oil prices gouge state budget deeper

On Monday, as the price of West Texas crude oil dipped below $39 per barrel for the first time in six years, state revenue commissioner Randall Hoffbeck told the Alaska House Finance Committee that the decline is exacerbating the state's budget problems.
What others say: Make good on UA system's strengths

Early this month, Jim Johnsen, the presumptive next president of the University of Alaska system, traveled to Juneau. It's a tough time to be stepping into the system's top job.
Alaska faces lean budget times as oil prices fall

JUNEAU, Alaska - After years of being flush with oil money, Alaska now faces drastic budget cuts and having to dip into well-stocked savings to offset unprecedented deficits exacerbated by an unexpected plunge in oil prices.
Uncertain year for mega-projects

How little can the state afford to spend? Gov. Bill Walker halted immediate spending on six of the state's notable pending mega-projects Dec. 27, part of an effort to scrutinize all expenditures and minimize the fiscal year 2016 budget deficit.
Kenai Peninsula College: Around Campus

KPC students are back in classes today and enrollment across the KPC system remains stable. At this year's spring convocation, held on Jan.
Voices of Alaska: 'Giveaway' sound bite a dangerous distraction

Over the years I've read many of the reports written for the Institute of Social and Economic Research (ISER). In May, ISER published the report funded by Northrim Bank and written by Dr.

Investments in North Slope oil and gas projects will be the main driver behind statewide construction spending growth in the coming year, according to a report by the University of Alaska Anchorage Institute of Social and Economic Research.
ISER backs Revenue on tax impact

Scott Goldsmith, the University of Alaska's venerated senior economist, has stepped into the political snake pit of the oil tax repeal debate.
Voices of Alaska: Oil industry crucial to Alaska economy

Only three legs support the Alaska economy: oil, the federal government and everything else. That's why oil tax reform is an Alaska problem, not an oil company problem. Oil companies can invest anywhere in the world, and they do.
Record pink harvest creates market glut

JUNEAU (AP) - State officials say Alaska's record pink salmon harvest in 2013 could create a market glut that will drive prices down for several years.


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