Refine Search

  •  
  •  

JUNEAU, Alaska - Alaska is facing multibillion-dollar deficits amid chronically low oil prices and relying on savings to help balance the budget.That's not sustainable, and is leaving first-term Gov. Bill Walker with...

http://peninsulaclarion.com/becky-bohrer/2015-11-12
Low gas prices boost Alaska tourism

...but it remains to be seen if it will top 2014, which had a record number of convention-goers in October.While low oil prices strain much of Alaska's economy and state budgets, cheaper prices at the pump in the Lower 48 correlate to more...

http://peninsulaclarion.com/news/2015-10-21/low-gas-prices-boost-alaska-tourism
News
Legislature to convene special session on gas issues

...R-Anchorage, and chair of the Senate Resources Committee.Alaska is grappling with multibillion-dollar deficits amid low oil prices and has been using savings to get by. Administration officials have cited the importance of Alaska maintaining its...

http://peninsulaclarion.com/news/2015-10-18/legislature-to-convene-special-sessi
News
Interior Department curbs future Arctic offshore drilling

...the petroleum industry. The state faces a deficit in the billions between projected spending and revenue because of low oil prices.Gov. Bill Walker, an independent, personally lobbied Jewell to extend Shell's leases. His goal is to get more...

http://peninsulaclarion.com/news/2015-10-17/interior-department-curbs-future-arc
News
Robin Davis: Exerienced, cooperative leadership needed

...well as times of need. My Priorities:? The best interests of the people of District 1. - During this period of low oil prices, I promise to do my best to keep people employed and our local businesses viable.? Education - John F. Kennedy stated...

http://peninsulaclarion.com/opinion/2015-09-29/robin-davis-exerienced-cooperativ
Opinion
October session on TransCanada buyout coming

...project by continuing to spend millions on pre-front end engineering and design, or pre-FEED, work during a time of low oil prices, he said.Still to be resolved are financial agreements among the state and producers, which need to be hashed out...

http://peninsulaclarion.com/news/2015-09-22/october-session-on-transcanada-buyou
News
Voices of the Peninsula: Permanent Fund earnings should be part of budget solution

...services needed for the state and its residents to thrive in the years ahead. Years of falling oil production, painfully low oil prices and state spending - even with this year's substantial budget cuts - already have emptied out one state savings account...

http://peninsulaclarion.com/opinion/2015-09-19/voices-of-the-peninsula-permanent
Opinion
As state tightens belt, Community Revenue Sharing program may dry up

...and appropriates money for it each year, but did not appropriate any additional funding for it for FY16, due to lower oil prices, according to the Alaska Department of Commerce, Community and Economic Development. The state cannot distribute...

http://peninsulaclarion.com/news/2015-09-05/as-state-tightens-belt-community-rev
News
Governor plans to call for company buy-out in gas project

...option fiscally." Alaska relies heavily on oil revenues to pay for state government and is facing large deficits amid low oil prices. It is using savings to help balance its budget.No decision has been made yet on whether to build the project...

http://peninsulaclarion.com/news/2015-08-24/governor-plans-to-call-for-company-b
News
Legislative session's focus narrowed to TransCanada buyout

...Alaska in more jeopardy than what we currently are in."Alaska is grappling with multibillion-dollar deficits amid low oil prices. The long hoped-for gas line is seen as key to Alaska's future fiscal fortunes.

http://peninsulaclarion.com/news/2015-10-24/legislative-sessions-focus-narrowed-
News

CONTACT US

  • 150 Trading Bay Rd, Kenai, AK 99611
  • Switchboard: 907-283-7551
  • Circulation and Delivery: 907-283-3584
  • Newsroom Fax: 907-283-3299
  • Business Fax: 907-283-3299
  • Accounts Receivable: 907-335-1257
  • View the Staff Directory
  • or Send feedback

ADVERTISING

SUBSCRIBER SERVICES

SOCIAL NETWORKING

MORRIS ALASKA NEWS