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| Vol. 18, No. 49 | Week of December 08, 2013 |
Providing coverage of Alaska and northern Canada's oil and gas industry
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Oil revenue forecast down, driven by dropping oil prices, production
The Revenue Sources Book, released Dec. 4 by the Alaska Department of Revenue, projects a $2 billion drop for fiscal year 2014 (ending June 30, 2014) in all oil and gas revenues, which form the majority of the state’s unrestricted general fund revenues.
FY ’14 includes six months of oil taxes colle....
[additional news subjects in this story]
Oil price down Increased capital expenditures
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