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House passes fuel tax by a hair

...year. A driver of the same vehicle that travels 23,400 miles a year would pay $11.70 in taxes.For heating fuel oil consumers, the additional tax on 1,500 gallons a year would amount to $15.The bill passed the House in a political climate...
State | AK legislature
Oil plunge is threat and boon to global economies

...U.S. economy will receive an outsized benefit from lower oil prices because the U.S. is the world's largest oil consumer.U.S. consumers have been surprised and delighted at the lowest gasoline prices since 2010. Drivers in some low-cost...
Residents brace for higher heating costs

...electricity in Juneau, he said. Gayle Wood, director of consumer affairs for Alaska Electric Power & Light, said as an oil consumer, she, too, is concerned about the costs. Juneau electric rates for the upcoming winter will be 0.26 percent higher...
State sidesteps recession in '10, stocks up cash reserves

...Alaska's unemployment rate is the envy of most other states, except maybe North Dakota, which also benefits from oil. Consumer spending appears stable, although retail sales are difficult to track in communities like Anchorage and Fairbanks...
Spewing oil raises questions for us all

...regulatory oversight? More importantly, I wonder if the finger of blame will point inward at who we are as a society of oil consumers, and if we'll make profound shifts in our attitudes and policies, which such a lingering disaster deserves. Many...
Why low oil prices now may mean higher prices later

...prices are a boon to consumers. Experts, however, warn of problems if the U.S. economy - the world's largest oil consumer - returns to normalcy and the global economy resumes its regular pace of growth. If the ability to find and produce...


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