$70 oil prices expand state’s coffers
Latest milestone comes two years after price first hit $40; price averaged $26.81 per barrel from 1996 through 2005
Anchorage Daily News
The price of North Slope crude oil closed above $70 a barrel for the first time April 19, yet another monster milestone for Alaska’s most vital commodity.
North Slope crude for delivery to West Coast refineries settled at $70.37, up 82 cents from the April 18 close.
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