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ConocoPhillips: Oil prices won't impact investments due to globally dropping crude oil prices, the company announced last week...could change in years to come if oil prices don't perk up. "In Alaska, I...time whether or not the change in oil price will have a significant impact on...
City slashes funding requests

...requests are being axed after the state of Alaska recently announced an unexpected $3.5 billion deficit due to plummeting oil prices. The Assembly Finance Committee on Wednesday agreed to prioritize five requested items out of an original list of 29...
Gov. Walker submits pared-down capital budget

...deficit for the current year amid lower-than-expected oil prices and a $3.2-billion hole for 2016 even at the levels...budget reserve funds that, depending on spending levels, oil prices and oil production, could extend into the next decade...
Little impact on Ambler road caribou

...route, where an organization called the Brooks Range Council was formed in 2012 specifically to oppose it.With low oil prices causing budget problems for the state, the Ambler road is among several proposed projects that might be re-evaluated...
Empire Editorial: Whatever you do, don't panic

...Last week, we learned falling oil prices mean the state will earn about half...Alaska is hurting, sure, but oil prices could go back up as easily as they...mistakes of the 1980s. In 1986, oil prices went off a cliff just like they did...
Empire Editorial: Thumbs up, Thumbs down for Dec. 15, 2014

...can accomplish when it opens its heart.Thumbs down to oil prices. At this point, it's like cresting a hill in your...ends in a sheer cliff. On Thursday, Alaska North Slope oil prices reached $60.80 per barrel, more than 40 percent below...
Medicaid system expansion could be months away

...has been a major driver of the state's operating budget, and the state is looking to rein in spending amid plunging oil prices and projected multibillion-dollar budget deficits.Democratic lawmakers earlier this year supported legislation that...
State faces $3.5B deficit amid lower oil prices

JUNEAU - Slumping oil prices have helped push Alaska's potential...ahead.The Revenue Department said oil prices were the biggest factor in the revenue...Commissioner Marcia Davis said despite lower oil prices and less revenue in the short term...
'Placeholder' state budget includes $17M in UA cuts

...takes a pass through it, Ciri said, but he doubts it will be any more generous. Since the Parnell budget was drafted, oil prices - and state revenue - have dropped. The Department of Revenue's forecast released this week estimated a $3.5 billion...
Alaska Editorial: A dwindling appetite for megaprojects

...for state operating expenses. As oil prices continue to dip, the fortunes of...efforts in the coming months.As oil prices soared during the past decade, there...affordable energy for the state, but low oil prices make developing gas less attractive...


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