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My Turn: Smaller PFD check is a nudge in the right direction

...residents cope with those skyrocketing energy costs.As Alaskans were struggling with unexpectedly high energy bills, high oil prices combined with the ACES oil production tax generated record revenues for the state. Six months later, the price...
My Turn: Alaskan can safely exit the Arctic oil rapids

...exploration and discovery wells, ground monitoring, seismic analysis, production wells) is not nearly correlated to high oil prices. We feel that if oil prices go up, Alaska's current oil production trend may be reversed.There might also...
My Turn: Solving Alaska's budget problem

...perspective is not completely wrong, it fails to give proper context. The part of the budget that has ballooned in years of high oil prices is the capital budget. And yes, while the state agency budget has risen, it has risen mostly in response to population...
My Turn: Building a sustainable future through conversations with Alaskans

...has $10 billion in our constitutional budget reserve, money legislators wisely set aside during the recent years of high oil revenue. That money can be used to balance the budget in the short term, but is expected to run out by the end of 2018...
My Turn: Oil tax myths

...wouldn't be in this fix today. Unfortunately, this major reduction in oil production has largely been masked until now by higher oil prices. But it is a significant factor in our inability to match our revenues and expenses. Diversifying Alaska's...
Empire Editorial: When is it time to talk 'revenue'?

...We agree, for the most part, though the state's spending did balloon to unsustainable levels thanks to years of high oil prices and the naivety they would never again fall.It's too late in this session to talk revenue, regardless of various...
My Turn: Negotiating the rapids of Arctic, Alaska oil and natural gas reserves

...its market share by pairing oil output to supply. Another factor contributing to the declining oil prices is supply - higher oil production by the U.S. and Canada (from 0.9 million barrel per day (mbd) to 12.7 mbd, exceeding Saudi Arabia's...
State, federal regulators ban Ketchikan eulachon fishing

...says all eulachon returning to District 1 during 2015 will be needed for spawning to rebuild area populations.Any fish caught must be returned to the water unharmed.Hooligan are prized as a subsistence food because of their high oil content.
My Turn: Alaska's love/hate affair with government spending

...2011 and $12.1 billion a year later. Parnell had the money to spend because we were flush from the combination of high oil prices and the progressive tax structure under ACES. We never felt the pinch from congressional Republicans reigning...
My Turn: Blaming oil tax for deficit is wrong

...substantially worse. Here's why: SB21 raised the base tax rate but eliminated progressivity so taxes are lower under high oil prices but the state collects more revenue when prices are low. With oil less than $50 a barrel, that means Alaska...


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