We channel our inner Mark Twain today (with help from economist Roger Marks) as we review the press release of March 11th   from those supporting the oil tax initiative, highlighting  “the things they know that just ain’t so” What they know? “The  current tax law , SB 21, hurts Alaska most when the price of oil drops.  Currently  Alaska gives … read more

Oil What an oil industry wants Kelsey Tamborrino, Politico, March 11, 2020 THE ASKS: The oil industry is offering up a list of ideas to President Donald Trump it says will help them weather the current market onslaught, sources said. This includes buying crude oil off the market to put into the Strategic Petroleum Reserve, offering low-interest loans, speeding up … read more

Oil Global oil production war threatens to impact state revenues Matt Leseman, KTUU, March 8, 2020 Alaska is caught in the crossfire of an oil production war between Russia and Saudi Arabia.  “Friday, oil prices dropped almost 10%, in just one day,” said Oil and Gas Analyst Larry Persily.  As of Sunday, the price of Arctic North Slope crude, was … read more