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Vol. 14, No. 29 Week of July 19, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


State revenue stream OK but ‘fragile’

Assuming strong oil prices, state will have plenty of cash for budgeting and can build its savings, revenue commissioner says

Wesley Loy

For Petroleum News

Prospects are decent for ample revenue to support state government and preserve savings through the year 2020, but Alaska’s finances will remain “fragile” due to heavy dependence on oil production, state Revenue Commissioner Pat Galvin says. Revenue from oil production taxes, royalties, corporate in....

    [additional news subjects in this story]

Oil production outlook

Thoughts on oil prices

Explorers trade tax credits for cash

Priming the pump


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