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Obama to walk fine line on climate, energy

...Alaskans, though, the issue comes down to dollars and cents. Both the state government and its residents rely deeply on oil revenues to stay afloat, and falling oil prices have already created a serious budget deficit.Brian Deese, Obama's senior...
Governor plans to call for company buyout in natural gasline project

...mega-project, which Walker called the state's "strongest get-well option fiscally." Alaska relies heavily on oil revenues to pay for state government and is facing large deficits amid low oil prices. It is using savings to help balance its...
State | AK legislature
Resource development expected topic during Obama trip

...accelerated permitting process for the liquefied natural gas project the state is pursuing.Alaska relies heavily on oil revenues to pay for state government, but it is facing large budget deficits amid low oil prices. Walker earlier this year...
My Turn: Don't be snookered, ther'es no 'free ride'

...without redefining entitlements. We also cannot hope to impose enough taxes to avoid the reforms that will happen as oil revenues decline. Don't let fear cause you to accept taxes and cuts that will ultimately make things worse. Don't be snookered...
Iraq's economy hurt by IS war, low oil prices

...revenue makes nearly 95 percent.As of July, Iraq's oil revenues stood at $31.5 billion, according to Oil Ministry...lack a real vision."Despite hundreds of billions in oil revenues and international aid since the 2003, Iraqis still...
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Walker wants 51 percent stake in LNG

...finances and large budget deficits due to a sharp drop in oil revenues."For the state, the financing issues with this are...Alaska's Permanent Fund is a state savings fund of oil revenues, and now exceeds $55 billion in value. Tapping the...
State moves forward on Road plan

...Juneau Access Improvement Project and other big-ticket state projects in December, citing the state's dwindling oil revenues and cash-strapped budget.The $574 million road would be bankrolled at 90 percent by the federal government. But...
State | Local
Gov. Walker seeks input to balance state budget

...Gov. Byron Mallott.There's no escaping the reality that the state's tough fiscal situation will continue. Oil revenues are sharply down, and multi-billion-dollar budget deficits are projected that will drain state cash reserves by...
State | AK legislature
Alaska Editorial: Governor's conference will begin much-needed revenue discussion

...budget, and the state needs input from all sectors of its residents and industries. Gov. Bill Walker's conference next weekend is an important step in a long-overdue conversation on how Alaska can move forward as oil revenues wane.
Oil plunge is threat and boon to global economies

...plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. Yet it is also a bonus for consumers as prices fall at the pump, giving individuals more spending money and lowering...


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