Goldsmith says state needs to save moreMore oil money needs to be saved against day when Alaska’s petroleum reserves have been produced, economist says in new report Elizabeth Bluemink Anchorage Daily News
A leading state economist says Alaska is saving too little of its oil wealth for future generations.
The good news is that Alaska is rich enough — in oil wealth savings and in petroleum reserves — that it can afford to spend $5 billion of its oil wealth every year, even after the oil fields die awa....
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State invests portion of income No fiscal plan yet
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