At roughly $30 billion, lots of money flowed to the state of Alaska from the federal stimulus, oil royalties and a higher return on investments.
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With oil prices at a seven-year high, the state is projecting an additional $1.2 billion in revenues.
Under Rep. Grier Hopkins’ plan, future dividend payments would comprise “a blend” of Permanent Fund earnings and royalty revenues from Alaska’s oil and gas resources.
This undated photo shows the Arctic National Wildlife Refuge in Alaska. President Trump is rushing to auction drilling rights in the Refuge be…
Summertime is grill time, and as the season comes into play, you’re going to want to get it right.
“Last summer, a bipartisan group of Alaskans came together in an effort to end the unconstitutional giveaway of Alaskans’ oil,” said Merrick Peirce, a group spokesperson from Fairbanks. “If the Fair Share Act were in place today, the state would be closer to funding our budget and paying out a full PFD without imposing new taxes on Alaskans.”