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What others say: Oil prices and spirit

...the Ketchikan Shipyard, Walker - who at that point was less than two weeks into his new job - acknowledged that the oil-price situation isn't positive for Alaska.But Walker didn't bemoan the fact with woe-is-us comments. He took a different...
Legislature gavels in

...a session expected to focus heavily on the state's budget deficit, a shortfall that has been made worse by falling oil prices.The mood on the opening day was lighthearted and marked by ceremony with members elected last year sworn in by Lt...
Walker: Nothing off the table in Alaska budget talks

...state is facing a $3.5 billion budget deficit this year and a potentially larger deficit next year amid the fall in oil prices, according to a new analysis by the Legislative Finance Division. Alaska relies heavily on oil revenue to fund the...
Walker calls on Alaskans to pull together

...on Alaskans to pull together, and not panic, as the state faces multibillion-dollar budget deficits amid a fall in oil prices.Walker struck a hopeful tone in his first State of the State address on Wednesday night, saying that he sees the fiscal...
Alaska faces lean budget times as oil prices fall

...exacerbated by an unexpected plunge in oil prices.When lawmakers left Juneau last...busts. In the last few years, high oil prices helped insulate Alaska from the better protect the state at low oil prices.Walker has said Alaska this year...
Alaska lawmakers will scrutinize budget, pot and Medicaid

...question as the Legislature convenes Tuesday: How low will oil prices go?Plunging prices have contributed to massive budget...of dollars in its constitutional budget reserve, but oil prices and spending will dictate how long that cushion lasts...
Where did all this oil come from?

...significant amounts for only the last 156 years, since the 1859 birth of the oil industry in Pennsylvania.So, even when oil prices spiked earlier this decade amid worries that oil supplies would soon run low, scientists and oil companies knew there...
Keep the LNG project moving forward

...about the administration's goals moving forward. The state government is facing some hard decisions due to the drop in oil prices and the corresponding drop in state revenue. Alaska is facing a $3.5 billion budget deficit, and calls for smarter...
Slope construction season still strong amid price plunge

It's a seeming paradox: Oil prices are still sliding as North Slope crude closed at about $55 per barrel Jan. 6, but this year's winter construction season is...
Voices of Alaska: The hard truth about our oil revenue

...percent in one year. At today's oil prices, that's Alaska's situation...magnifies the state's losses at low oil prices. The last oil tax rewrite occurred during a period of sustained high oil prices, and there was little consideration...


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