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Walker: Alaska will weather fiscal storm

...dealt a tough hand of cards with oil prices that have plummeted in recent weeks...drop out," he said. "At $60 oil prices it is expected to take about a year...chamber members that forecasting oil prices beyond two or three years is highly...

http://peninsulaclarion.com/news/2014-12-21/walker-alaska-will-weather-fiscal-st
News
Cal Thomas: Cuba libre!

...faced by Russia, and with socialist Venezuela no longer able to act as an economic sugar daddy to Cuba, due to falling oil prices, that rationale no longer exists.Rather than attempting to block the partial lifting of the embargo, the new Republican...

http://peninsulaclarion.com/opinion/2014-12-22/cal-thomas-cuba-libr%C3%A9
Opinion
Alaska faces $3.5 billion deficit amid lower oil prices

JUNEAU (AP) - Slumping oil prices have helped push Alaska's potential...ahead.The Revenue Department said oil prices were the biggest factor in the revenue...Marcia Davis said while despite lower oil prices and less revenue in the short term...

http://peninsulaclarion.com/news/2014-12-10/alaska-faces-35-billion-deficit-amid
News
What others say: Russia a nation in decline

...appears intent on regaining his nation's lost stature. But the reality is that Russia is a nation in decline.Global oil prices have tumbled to a five-year low, and Russia's ruble has fallen 40 percent against the dollar so far this year...

http://peninsulaclarion.com/opinion/2014-12-14/what-others-say-russia-a-nation-i
Opinion
What others say: Whatever you do, don't panic

...Last week, we learned falling oil prices mean the state will earn about half...Alaska is hurting, sure, but oil prices could go back up as easily as they...mistakes of the 1980s. In 1986, oil prices went off a cliff just like they did...

http://peninsulaclarion.com/opinion/2014-12-15/what-others-say-whatever-you-do-d
Opinion
Walker submits pared down capital budget

...deficit for the current year amid lower-than-expected oil prices and a $3.2-billion hole for 2016 even at the levels...budget reserve funds that, depending on spending levels, oil prices and oil production, could extend into the next decade...

http://peninsulaclarion.com/news/2014-12-15/walker-submits-pared-down-capital-bu
News
Medicaid expansion could be months away

...has been a major driver of the state's operating budget, and the state is looking to rein in spending amid plunging oil prices and projected multibillion-dollar budget deficits.Democratic lawmakers earlier this year supported legislation that...

http://peninsulaclarion.com/news/2014-12-14/medicaid-expansion-could-be-months-a
News
Walker faced with widening deficit scenario

...Anchorage economist Scott Goldsmith predicts that at lower oil prices the current year budget deficit could double to $3 billion if oil prices were to average $80 per barrel for the fiscal year...

http://peninsulaclarion.com/news/2014-12-14/walker-faced-with-widening-deficit-s
News
What others say: A dwindling appetite for megaprojects

...for state operating expenses. As oil prices continue to dip, the fortunes of...efforts in the coming months.As oil prices soared during the past decade, there...affordable energy for the state, but low oil prices make developing gas less attractive...

http://peninsulaclarion.com/opinion/2014-12-09/what-others-say-a-dwindling-appet
Opinion
Business outlook positive amid oil price drop

...we're over that and all of a sudden oil prices are throwing the state in some red...near term despite Alaska North Slope oil prices approaching $70 per barrel."I...Ingham said the bright side of low oil prices is the hope that the community could...

http://peninsulaclarion.com/news/2014-12-07/business-outlook-positive-amid-oil-p
News

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