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Vol. 11, No. 50 Week of December 10, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry

State revenue forecast: prices up

Production decline will turn around briefly, but state revenues currently bolstered by new PPT, worldwide high oil prices

Kristen Nelson

Petroleum News

Oil prices are higher, but production rates are lower in the state’s fall 2006 revenue forecast than in the spring 2006 revenue. The Revenue team of former Gov. Frank Murkowski, led by outgoing Commissioner of Revenue Bill Corbus, ran through the numbers when the Alaska Department of Revenue releas....

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Market dynamic

Both price and volume important

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