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...people sense the horrific result this is going to have on the state budget," French said.Alaska relies heavily on oil revenues to run. Production has been trending downward since the late 1980s but higher prices in recent years have helped mask...
...year includes about $7.9 billion in unrestricted general funds, said Parnell's budget director, Karen Rehfeld.Oil revenue provides about 90 percent of the state's unrestricted revenue, and Parnell has been pushing for a spending cap...
...investment. Supporters say the state needs to do something to address declining production. Alaska relies heavily on oil revenues to run, and while production has been on a downward trend since the late 1980s, higher prices in recent years have...
...more competitive for additional investment dollars and should lead to new oil production. Alaska relies heavily on oil revenues to run, and production has been on a downward trend since the late 1980s. Higher prices in recent years have helped...
...asked for an overall spending limit. Chenault said Friday that one had not yet been set. Alaska relies heavily on oil revenues to run, and legislative leaders have said they want to limit growth of state government amid concerns about declining...
...spending amid concerns about declining oil production, a goal shared by Gov. Sean Parnell. Alaska relies heavily on oil revenues and higher prices in recent years have helped to mask the impact of the decline.An oil tax cut meant to spur production...
...the past, at least for the near future, until the state starts to see more oil production.Alaska relies heavily on oil revenues to run, but higher prices in recent years have helped to mask the impact of declining production on the state budget...
...other Fund earnings, with a long-term vision based on a clearly defined mission: "Maximize the value of Alaska's oil revenues through prudent long-term investment and protection of principal to produce income to benefit all current and future...
...again," Parnell said in a statement, adding later: "Alaska's oil comeback starts now."Alaska relies heavily on oil revenues to run. Production has been on a downward trend since the late 1980s, through a number of different tax structures...
...the report states. The report echoes concerns also raised by Parnell's budget office.Alaska relies heavily on oil revenues to run, and higher oil prices in recent years have helped to mask the impact of declining oil production. According...