Oil-Revenue Split In Wildlife Refuge Unsettled in AlaskaYERETH ROSEN
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The 2024 dividend was $1,702, comprising a $1,403.83 standard payment plus a $298.17 energy relief payment—a $390 increase from 2023. While the government sets this amount based on oil revenue investment returns, the PFD serves for many in the state as a limited amount ofuniversal basic ...
Alaska officials have tried to cut state spending to account for the drop in oil revenue. The state university system, for example, had already laid off 1,200 employees over the last five years before this year’s veto triggered another wave. ...
risk crashing someone else's Harley off the side of that narrow loading ramp. I started Hester's motor and yelled for Lisa to start her camera because this could be an epic fail. If it was epic enough, maybe the YouTube revenue would buy me that shiny new red bike in the dealership....
"At least 25 percent of all mineral lease rentals, royalties, royalty sales proceeds, federal mineral revenue-sharing payments and bonuses received by the state be placed in a permanent fund, the principal of which may only be used for income-producing investments." ...
The drop in oil prices that began in 2014 devastated the state, which derives roughly 85 percent of its revenue from oil and gas taxes and fees. The sharp rebound in prices in recent months has helped, but not enough to undo the damage — or solve the budget crisis. ...
oil pricesrevenueAlaska depends on oil tax revenue for more than 90% of the state budget. In this article, we apply the nonlinear autoregressive distributed lag (ARDL) approach of to test whether the effect of changes in oil prices on Alaska's oil reven ues is symmetric or asymmetric. The...
The article reports on the move made by Alaska Governor Frank Murkowski to implement a state hiring freeze due to the Prudhoe Bay oil-field shutdown that resulted to the state's revenue loss.EBSCO_bspWall Street Journal - Eastern Edition...
Alaska officials have tried to cut state spending to account for the drop in oil revenue. The state university system, for example, had already laid off 1,200 employees over the last five years before this year’s veto triggered another wave. ...