Oil prices drive industry employmentNew report shows jobs growth and loss in Alaska moves with prices; Alaska often lags behind Lower 48 in service industry jobs growth Eric Lidji Petroleum News
When North Slope oil production peaked 20 years ago, around 8,500 people worked in the Alaska oil industry. With production today down 70 percent from those highs, the oil industry now employs around 12,600 people in Alaska, a record for the state.
The difference? The price of oil today is five time....
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Prices have long driven jobs Alaska lags behind Lower 48 Other factors play into jobs Taxes still a wildcard
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