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What others say: University will need strong leader, support from state

...104.98 on Jan. 2 to $58.42 on Wednesday, the latest date listed on the Alaska Department of Revenue website. Oil revenue accounts for about 88 percent of the state's general fund revenue, so it should come as no surprise that Gov. Bill...
What others say: Parnell did well

...Parnell walked the high wire when it came to balancing community capital project requests with the state's declining oil revenue.In Ketchikan, he signed off on capital dollars for Ketchikan Shipyard, building two Alaska Marine Highway System...
Alaska faces $3.5 billion deficit amid lower oil prices

...performance of state investments makes Alaska's overall financial health sound," she said.Alaska relies heavily on oil revenue to fund the operations of state government. It has ridden this wave before and recovered. One major difference this...
What others say: Legislature should do better at providing stable budget for UA

...fondness for spending money as soon as it comes in, and that extends to the money they allocate to the university. When oil revenues rise, so do new buildings at university campuses around the state. And when what goes up inevitably comes back down...
Parnell says serving was honor

...would have limited public participation. And despite efforts to limit spending, the state, which relies heavily on oil revenues to operate, faces budget deficits amid slumping revenues. In 2013, after several failed attempts to overhaul the...
Parnell, Walker clash on spending, gas line

...last year's passage of a new tax plan that was championed by Parnell. He said the state, which relies heavily on oil revenues to fund governmental operations, needs a fiscal plan.Both Walker and Parnell said they will not make changes to the...
North Slope crude prices down since July

...oil production and hoping for an uptick.They've largely forgotten about oil prices, the other side of the state oil revenue equation.The news is not good, at least for the budget.For consumers, however, it's good news because it means...
Voters take up oil tax debate before August referendum was in place.He noted that the total government take - the combination of local, state and federal taxes on net oil revenue - under ACES averaged about 72 percent."That's quite a bit higher than our competitors," Clark said.The oil...
BP Alaska plans layoffs following Hilcorp sale

...state lawmakers in 2013 as a way to encourage new investment and additional production. The state relies heavily on oil revenue to fund government operations.BP will offer early retirement and severance packages as part of the layoffs, Patience...
TAPS moves17 billionth barrel

...the line, in October 2009.The 800-mile pipeline is the economic lifeblood of the state, which relies heavily on oil revenues to run. The pipeline runs from the prodigious North Slope to Valdez, from where tankers are shipped.Alyeska says...


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