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Judge invalidates part of statewide school funding mechanism

...contributions.Gov.-elect Bill Walker takes office next Monday, and is already facing a $3 billion shortfall because of lower oil prices. He campaigned on a promise to cut the budget across-the-board by 16 percent.An education department spokeswoman...
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...
My Turn: Let's talk honestly about oil

...grown more than 65 percent. We have learned the value of putting aside reserves, providing financial stability during low oil price environments. This was recognized by Moody's, a key rating agency that assesses the fiscal health of states, local...
Slumping oil prices means widened budget gap

...number will change because of low oil prices until the Department of maintained during periods of lower oil prices."It isn't all about price...earlier this year, Leighow said, low oil prices would impact the state's budget...
My Turn: Facts emerge in support of YES vote

...our natural resources "for the maximum benefit of its people."ACES worked well to protect oil companies during low oil prices, and it rightfully made sure Alaska shared profits when oil prices increased. A cap on extremely high rates under...
My Turn: SB21 is risky business

...revenue under the newly enacted Senate Bill 21. I haven't heard a single concern about the enormous risk to Alaska at low oil prices and net operating loss. SB21 created risk for Alaska by giving any company with a North Slope oil or gas lease a transferable...
My Turn: 'Yes' vote gives Alaska time to get it right

...encourage production, primarily in the large existing fields. SB21 has a flat tax with limited adjustments for high and low oil prices, and does not require investment in the state to qualify for tax credits. In effect, SB21 gives control of a share...
My Turn: Alaska Bankers Association: Vote no on one

...contributing factor that put Alaska at a competitive disadvantage. In addition, ACES created significant state exposure in low-oil-price environments and with high-cost development projects. From our vantage point, where ABA members are responsible...
My Turn: Economic research shows Alaska is better off under new oil tax

...and Republicans acknowledged, ACES took too much of the profit at high oil prices and left Alaska too exposed at lower oil prices. Oil tax reform made Alaska more competitive, which has already led to more investment and new production that will...
Parnell wants reduced spending in next budget

...Parnell is expected to release his budget proposal next week.He says revenues are expected to be lower because of lower oil prices and declining production. The Legislature earlier this year passed an oil tax cut aimed at spurring more production...
State | AK legislature


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