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State must diversify economy or be bound to fossil fuel prices

...state revenues were far lower than modern levels, as were state services and population. The billions of dollars in oil wealth that came to the state after crude began flowing down the pipeline gave the state freedom to lower the tax burden on...

http://peninsulaclarion.com/news/2014-07-14/state-must-diversify-economy-or-be-b
Opinion
What others say: Paying down debt the right course to follow

...come, and it cannot exist on reserves forever. Reserves will expire, too, if not replenished.Alaska, with its oil wealth, can look at other states in serious financial straits and be relieved not to be in their situation at this time. But...

http://peninsulaclarion.com/opinion/2013-12-09/what-others-say-paying-down-debt-
Opinion
Divided court upholds residency rules

...Fairbanks Daily News-Miner reported. Each year, most Alaskans receive a dividend as their share of the state's oil wealth.Heller arrived in Alaska in June 2005, registered to vote, got an Alaska driver's license and noted Alaska residency...

http://peninsulaclarion.com/news/2013-12-09/divided-court-upholds-residency-rule
News
Most Alaskans get $900 in oil wealth checks

...Alaska (AP) - Nearly every Alaska resident will receive a check for $900, as this year's share of the state's oil wealth. Acting Revenue Commissioner Angela Rodell made the announcement during a Wednesday morning ceremony in downtown Anchorage...

http://peninsulaclarion.com/news/2013-09-18/most-alaskans-get-900-in-oil-wealth-
News
Parnell sets new benchmarks for gasline in State of State address

...speech. PFD stands for Permanent Fund Dividend. Most Alaskans receive the dividend, their yearly share of the state's oil wealth."That's not scare tactics, that's what's coming, if this bill passes," he said.Parnell urged lawmakers...

http://peninsulaclarion.com/news/2013-01-16/parnell-sets-new-benchmarks-for-gasl
News
Senate unveils oil tax bill

...Democrats have released their own plan for increasing production, billed as an alternative to what they call Parnell's "oil wealth giveaway." It would provide tax breaks for oil from new fields or legacy fields, including a break for future production...

http://peninsulaclarion.com/news/2013-02-23/senate-unveils-oil-tax-bill
News
Hugo Chavez, fiery Venezuelan leader, dies at 58

...re-election three times and using his country's vast oil wealth to his political advantage. A self-described "subversive...path is this: socialism." He invested Venezuela's oil wealth into social programs including state-run food markets...

http://peninsulaclarion.com/news/2013-03-05/hugo-chavez-fiery-venezuelan-leader-
News
Op-ed: Repeal and replace the giveaway

...another historic mistake with the signing governor's oil wealth giveaway - a much bigger mistake than the Seward grain...stop it from happening with our oil. The governor's oil wealth giveaway gives billions of dollars to the oil industry...

http://peninsulaclarion.com/opinion/2013-05-21/op-ed-repaeal-and-replace-the-giv
Opinion
Alaska voters should speak up on oil tax referendum

Attention Alaskan Voters: Have your say on the oil-wealth giveaway! Sign the petition this Friday, May 10 from noon-2 p.m. at Soldotna Creek Park. Look for the signs - you can't miss them! Call 252-4530 or 940-5783 for more information.

http://peninsulaclarion.com/opinion/letters/2013-05-10/alaska-voters-should-spea
Letters

...his words, "if they're socialists, I'm Marxist-Leninist."Capriles accuses Chavez of wasting Venezuela's oil wealth through fuel supply deals with allied nations that involve long-term, low-interest financing. Chavez disputes that...

http://peninsulaclarion.com/2012-09-10

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