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Study: oil industry spending equals state general fund spending

JUNEAU (AP) -- Alaskans have always looked at the oil flowing from the state's frigid ground as liquid money -- now they can be sure. A new study commissioned by two industry groups found that Big Oil spends about as much money in Alaska each year as the state's government spends from its general fund -- more than $2 billion.

http://www.peninsulaclarion.com/stories/012301/ala_012301ala0pm0040001.shtml
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