Refine Search

Administration pitches new plan to fund government

...noon Wednesday in Centennial Hall, lawmakers were briefed on a budget plan that redirects almost all of the state's oil revenue to the Permanent Fund, in effect turning it into a money factory that would generate about $3.3 billion per year...
State Government
What others say: Cut state travel

...give states influence on national policy.The trip comes in the midst of state budget cuts as a result of declining oil revenue. Cuts reached $400 million this year, and higher reductions are anticipated in the future.This all goes to say...
Gas pipeline is focus of Alaska special session

...are not developed.His office said former Gov. Bill Egan in 1975 signed a similar bill to allow the state to collect oil revenue before the trans-Alaska pipeline was built.Walker couldn't accept a scenario in which a company keeps its gas...
Voices of the Peninsula: Permanent Fund earnings should be part of budget solution

...amendment argued the fund would generate investment income to help meet the state's needs and provide public services when oil revenues could no longer carry the load. They argued that directing a portion of the anticipated oil wealth into a protected...
Shell move dims oil prospects, delights environmentalists

...devastating to polar bears, walruses, seals and other wildlife.Shell persisted in hopes of finding a big new source of oil revenue and establishing expertise and a presence in the Arctic, which geologists estimate holds a quarter of the world's...
Governor: It's time for Alaska to drive its destiny

...developed a state government that is largely funded by oil revenues from state and federal lands. Traditionally, states...legislation in 1975 in order for Alaska to receive much needed oil revenue prior to construction of the Trans-Alaska Pipeline...
In Alaska, Obama to walk fine line on climate change, energy

...Alaskans, though, the issue comes down to dollars and cents. Both the state government and its residents rely deeply on oil revenues to stay afloat, and falling oil prices have already created a serious budget deficit.Brian Deese, Obama's senior...
Governor plans to call for company buy-out in gas project

...mega-project, which Walker called the state's "strongest get-well 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...
Walker seeks input to balance budget

...Gov. Byron Mallott.There's no escaping the reality that the state's tough fiscal situation will continue. Oil revenues are sharply down, and multi-billion-dollar budget deficits are projected that will drain state cash reserves by...
Building a sustainable future: Conversations with Alaskans

...legislators wisely set aside during the recent years of high oil revenue. That money can be used to balance the budget in the short...state. Once again, Alaska is at a decision point. With oil revenue alone unable to sustain us, how do we chart a new course...


  • 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