OIL Low Oil Prices Will Boost ConsumptionMichael Lynch, Forbes Energy, August 4, 2020 A huge number of pundits and organizations have trumpeted the idea that the pandemic will accelerate the peak in world oil demand, due to a combination of slower economic growth and changing consumer behavior. Most amusing are those who think the instability in oil prices will discourage … read more

News of the Day:        Alaska By the Numbers – FY 20 Totals Ed King, King Economics Group, August 3, 2020 Down 40,000 Jobs Oil prices averaged $52.12 in FY 20 North Slope production averaged 481,856 barrels per day OIL  Alaska doesn’t make money on taxing oil; it makes money on producing oilSam Moore, The Anchorage Press, July 28, 2020 In … read more

As Alaskans prepare to vote on another oil tax ballot measure, it’s a good time for a refresher on the details of our oil industry, what it has done, and will continue to do, for our state.  The oil industry is a key part of Alaska’s economy: Alaska is the only state that does not have a state sales tax or … read more