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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...
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...
Walker: Alaska will weather fiscal storm

...dealt a tough hand of cards with oil prices that have plummeted in recent weeks...We've been here before (in previous oil price plunges) and we'll work our way...citizens held in late November.On the oil price outlook, Walker said state petroleum...
My Turn: Competing religions at Christmas

...a national story. Irwin Kellner, the chief economist at MarketWatch, wrote an opinion piece titled, "Are falling oil prices naughty or nice?" He offered an invisible hand explanation, writing that prices fell "just at the right time for...
Empire Editorial: Road Without End to cut state spending.Then oil prices crashed, and "potential" was removed...observe the irony - the crash in oil prices has made it cheap to drive even as...fate of the Road appears uncertain.Oil prices are expected to remain low for at...
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: 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...
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...


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