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Parnell signs budget bills, makes no vetoes

...and getting more oil flowing through the trans-Alaska pipeline to help bump up revenue. Alaska relies heavily on oil revenue to fund state government operations and the Legislature last year passed an oil production tax-cut, championed by...

http://peninsulaclarion.com/news/2014-05-28/parnell-signs-budget-bills-makes-no-
News
Voices of Alaska: Oil industry crucial to Alaska economy

...money in the bank, thanks to our oil revenues: $50 billion in the Permanent...reserve.On a more personal level, oil revenues contribute about $25,000/year...dollars. To equal what we raise in oil revenues would require an $8,000/ounce...

http://peninsulaclarion.com/opinion/2014-06-10/voices-of-alaska-oil-industry-cru
Opinion

...autonomous eastern government and seized the region's oil terminals and ports for months, demanding a bigger share of oil revenue.On Saturday, Hifter appeared before journalists in his military uniform and promised he would press on with his Benghazi...

http://peninsulaclarion.com/news/2014-05-18-5
News
Voices of Alaska: Measure would preserve spill response, prevention efforts

...preparing to respond to spills that do occur.However, with inflation and declining throughput (and therefore declining oil revenues), this funding has eroded. In addition, SPAR has taken on more and more duties, including overseeing refined product...

http://peninsulaclarion.com/opinion/2014-04-02/voices-of-alaska-measure-would-pr
Opinion
Analysis lays out weighty deficit impacts

...How much can we save this year?' to 'How large is the deficit?' " the report states.Alaska relies heavily on oil revenues to fund state government, but production has long been on a downward trend. Higher prices in recent years helped to...

http://peninsulaclarion.com/news/2014-01-20/analysis-lays-out-weighty-deficit-im
News
What others say: Paying down debt the right course to follow

...barrel.Gov. Parnell and the Legislature adopted an oil-tax cut in the most recent legislative session. He expects oil revenue to be about the same as the old tax system because of lower oil prices. But, if prices increase, then the revenue...

http://peninsulaclarion.com/opinion/2013-12-09/what-others-say-paying-down-debt-
Opinion
State releases revenue forecast

...Last spring, the department forecast oil prices of $109.61 a barrel for the current year and $111.67 for 2015.Oil revenue accounts for more than 90 percent of Alaska's unrestricted revenue, which is money that isn't restricted in its...

http://peninsulaclarion.com/news/2013-12-04/state-releases-revenue-forecast
News
Parnell wants reduced spending in next budget

...lower because of lower oil prices and declining production - not because of the new oil tax.Alaska relies heavily on oil revenue to fund state government, but production has been trending down for years. Higher prices in recent years helped mask...

http://peninsulaclarion.com/news/2013-12-03/parnell-wants-reduced-spending-in-ne
News
What others say: Oil tax debate begins anew

...Alaskans need to remember is that oil revenue is the source of about 90 percent...state's annual general fund revenue. Oil revenue has been high because oil prices...announcement of the amount of the annual oil revenue payment to individual Alaskans...

http://peninsulaclarion.com/opinion/2013-09-11/what-others-say-oil-tax-debate-be
Opinion
Legislature 2014: Spending in focus as revenue dips

...dollar capital budgets in recent years but the drop in oil revenue - which actually started during the fiscal year 2013...easier for the state to deal with in an era of reduced oil revenues. That might be accomplished using other means than...

http://peninsulaclarion.com/news/2014-01-09/legislature-2014-spending-in-focus-a
News

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