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...job losses and business closures that will likely happen as Alaska navigates its greatest recession in decades due to low oil prices. Juneau isn't a hospitable place for young families, and needs to change. From the lack of childcare to affordable...
My Turn: Open discussion needed on oil taxation

...major oil companies, who profit handsomely even at low oil prices, out of plans to address our fiscal gap. That's...normal $2 billion plus in annual Alaska profits at low oil prices - but they're doing fine. ConocoPhillips is the only...
Resource development expected topic during Obama trip

...pursuing.Alaska relies heavily on oil revenues to pay for state government, but it is facing large budget deficits amid low oil prices. Walker earlier this year joined Alaska's congressional delegation in blasting an Obama administration proposal...
Lawmakers call for more budget cuts, not new taxes

...Randy Hoffbeck countered that cuts alone will not close the massive dollar deficit in which the state is operating amid low oil prices."If we get bogged down in cuts, we will not get to a final answer," Hoffbeck said. "We cannot cut enough government...
Governor plans to call for company buyout in natural gasline project

...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 budget.No decision has been made yet on whether to build the project...
State | AK legislature
Iraq's economy hurt by IS war, low oil prices

...the Shiite-led government in Baghdad started losing territory to the Sunni militants of the Islamic State group. Low oil prices exacerbated the decline, wreaking havoc on Iraq's national budget, of which oil revenue makes nearly 95 percent...
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Agency warns Alaska that bond rating could be lowered a sustainable budget, with strong reserves intact.Alaska is dealing with multibillion-dollar deficits amid low oil prices and using savings to help balance the budget. Gov. Bill Walker's administration has been holding public meetings...
Are low oil prices good for the environment?

...Canada are being shelved.Maybe low oil prices aren't so bad for the is unambiguously bad to have low oil prices from an environmental perspective...Prius over a Toyota Corolla.But low oil prices don't always translate to higher...
Low oil prices equal a rare opportunity

...problem is that most media look upon low oil prices from the perspective of large another way to look at it. Low oil prices are a tribute to the hard consumers should be happy. Low oil prices make the economy run better. Prices...
Shell to cut jobs to cope with long period of cheap oil

...announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.Shell expects to eliminate 6,500 staff and contractor positions this year as it seeks to reduce operating costs...


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