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Wary governors halt, question plan to accept Syrian refugees (0)The oil-dependent state is grappling with an estimated budget deficit of $3.5 billion amid low oil prices, and Gov. Bill Walker, a Republican turned independent, "has been focused on solving the state's fiscal challenges...
Nation and World
Sacred oil checks eyed amid budget deficit

JUNEAU - Alaska is facing multibillion-dollar deficits amid chronically low oil prices and relying on savings to help balance the budget.That's not sustainable, and is leaving first-term Gov. Bill Walker with...
My turn: Pipeline pitfalls plentiful as state takes on larger role

...dictates that the state avoid significant financial risk at a time when it needs to conserve state funds because of low oil prices and falling production.? Harry Noah is former commissioner for the Alaska Department of Natural Resources and a...
BP reports 96 percent drop in 3Q profit

...third-quarter profit Tuesday and announced further efforts to curtail spending as it prepares for a prolonged period of low oil prices.The London-based company said net income fell to $46 million from $1.29 billion in the third quarter of 2014...
Legislature to convene special session on gas issues

...R-Anchorage, and chair of the Senate Resources Committee.Alaska is grappling with multibillion-dollar deficits amid low oil prices and has been using savings to get by. Administration officials have cited the importance of Alaska maintaining its...
Done deal: Walker signs bill buying out TransCanada's share of pipeline

...the problems facing Alaska in the coming year.With the 49th state facing a $4 billion per-year deficit due to low oil prices, drastic action will be needed to make ends meet."There most likely will be some form of revenue that most likely...
State | AK legislature
Shell posts loss of $7.4B after Arctic exit

...plunge in oil prices."Shell's integrated business and our performance drive are helping to mitigate the impact of low oil prices on the bottom line in what is a difficult environment for the industry today," CEO Ben van Beurden said.Energy...
Federal regulators pull back Arctic offshore lease sales

...the petroleum industry. The state faces a deficit in the billions between projected spending and revenue because of low oil prices.Gov. Bill Walker, an independent, personally lobbied Jewell to extend Shell's leases. His goal is to get more...
AFN conference to kick off Thursday in Anchorage

...Heroes in Our Homeland." Planned panel discussions and work sessions include the Alaska's economic woes amid low oil prices, substance abuse, and the justice system and Alaska Natives.The theme of the elders and youth conference is "Not...
AMHS seeks public review of summer 2016 schedule

...including the Alaska Department of Transportation and Public Facilities, are working with reduced budgets due to low oil prices. The proposed AMHS summer schedule aims to maximize ferry service to Alaskans within the available operating budget...


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