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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