Revenue sees crude prices trending back to long-term averagePrices of less than $20 a barrel forecast by fiscal year 2002; high prices this year will produce small budget surplus Kristen Nelson PNA News Editor
In its fall revenue forecast, the Alaska Department of Revenue projects that while high oil prices will likely produce a budget surplus of more than $100 million this fiscal year, crude oil prices will trend back toward historic averages of less than $20 a barrel, requiring a $500 million draw on th....
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Wellhead price projected to fall
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