...charitable entity," these required payments are not necessarily "charitable" donations, but rather indirect oil royalty payments negotiated during the merger. Within the context of Big Oil's massive Alaska profits, this arrangement is more...

...Alaska Permanent Fund will get a boost, as high oil prices this year have enabled the state to stop diverting oil royalty payments from the fund to state government operations. In 2003 the Alaska Legislature reduced from 50 to 25 percent the...