News of the Day: A Closer Look at Alaska’s FY22 Budget ProposalEd King, King Economics, December 16, 2020 Locating the $294.6 million cuts Let’s start from the beginning. Where are those cuts in the budget? From the fiscal summary, we can pin that down to four sources. $200.6 million in agency operations $6.4 million in statewide items $54.2 million in … read more

News of the Day:  Regulators give conditional OK to key part of BP Alaska sale OIL Alaska predicts crude production drop, then recovery with new projectsTim Bradner, S & P Global Platts, December 15, 2020 Alaska North Slope production is expected to average 477,294 b/d in the state’s Fiscal Year 2021, the current budget year that ends June 30, but … read more

News of the Day:  Gov. Dunleavy to introduce legislation in support of oil and gas exploration This legislation would require state departments and agencies to end existing relationships and partnerships with financial institutions that have chosen to stop financing oil and gas exploration and development in the Arctic. “I will not let our state be taken advantage of by outside … read more