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Revenue forecast met with mixed reactions

...nearly 90 percent of the state's unrestricted revenue.The forecast calls for a nearly $2 billion decrease in oil and gas revenue over the next year with the decline slowing in the years following.
State | Local
BP shutdown a wake up call for state

The shutdown of the BP side of Prudhoe Bay should be a wake up call to all Alaskans. What would we do without oil and gas revenue to our government, economy, and citizens? I know it isn't spread evenly across every community in the state...
My Turn: Head tax proponents misguided

...their money elsewhere. Alaska has financial problems because our wealth-producing industries are in decline. Oil and gas revenue is down. Commercial fishing is being squeezed by fish farms and declining stocks. Loggers and miners are an endangered...
Doyon may still develop oil in Yukon Flats refuge

...000 acres owned by Doyon within refuge boundaries. Fish and Wildlife also would have had the right to some Doyon oil and gas revenue. The price of oil has risen since negotiations began more than five years ago, making it potentially more profitable...
Senate rejects income tax

...taxes, and he also continued his regular attacks on the North Slope Borough, which he contends siphons off too much oil and gas revenue at state expense. Republicans also complained about the regressive nature of the income tax, which would apply...
Hearings examine issues surrounding gas pipeline

...decisions and on local hire issues, he said. However, others believe state government already is too dependent on oil and gas revenue and should focus elsewhere for economic development, he said.
Parnell pushes changes to energy tax

...hundreds of millions of dollars in additional tax credits are a small price to pay, he said, for a state that runs on oil and gas revenue. He said he'd ask lawmakers, who begin meeting in regular session next week, to approve his plan. Whether they...
Biggest PFD dividend in years possible

...said they'll announce the exact amount of the 2006 dividend on Sept. 20. The fund gets part of the state's oil and gas revenue. Last year, amid soaring oil prices, it received a record $601 million, Burns said. The biggest portion of...


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