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Departures from Alaska at highest point in 25 years

...reported.The departures don't appear to be caused by the state's current financial problems because they came before oil prices dropped, Department of Labor economist Neal Fried said. "When those numbers were put together, we thought $100 oil...
Forum examines state's fiscal future

...This has caused problems in recent years, however, as oil prices have fallen by about half. Alaska's "pony" hasn't...Oil production, which is on the decline (along with oil prices). And the disconnect is growing. "We don't see...
My Turn: Will Alaska cash in on its natural gas?

...uncertainties which influence supply and demand."It is clear that global uncertainty, particularly as it relates to oil prices and therefore capital expenditure budgets for major energy producers, has cast doubt on the viability of American LNG...
Shell move dims nation's oil prospects

...around a third over the past year as oil prices have fallen by half, to about $45 a barrel.Those weak oil prices are forcing oil companies around...analyst at CooperCity. "If the oil price rises again and the well becomes...
Political, legal barriers face historic Colombia peace deal build roads, provide training for farmers and redistribute land while coping with an economic shock from crashing oil prices. Santos also may not be able to count on as much foreign assistance as he did when waging war. From a peak in 2007...
Nation and World
Fiscal forum invites Juneau to have its say on budget

...Alaska Legislature will round out the meeting by presenting their prognosis of the situation.Due to the decline in oil prices, the state budget is facing a gap of $3.5 billion to $4 billion between its revenue and expenditures. That gap is...
My Turn: The admission fee for living in paradise

...Reserve (CBR) loans taken out during the early part of the last decade.State spending would have been sustainable if oil prices had remained stable. When they fell off the charts, the state balanced its FY16 budget by borrowing from the CBR. But...
Jobless rates fall in 29 states in August amid job gains

...Department said Friday that rates rose in the remaining 10 states. Employers added jobs in 32 states and shed them in 18.Oil prices that are sharply lower than a year ago contributed to job losses and higher unemployment in several states, including...
Amid budget deficit, a record PFD

ANCHORAGE - Oil prices are so low that they are hovering at benchmarks not seen in years...according to Walker's office. It's a situation exacerbated by low oil prices, and the state is using money from savings to help balance the budget...
My Turn: Making a sustainable and responsible PFD

...needed for the state and its residents to thrive in the years ahead.Years of falling oil production, painfully low oil prices and state spending - even with this year's substantial budget cuts - already have emptied out one state savings account...


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