Alaska's Financial Foundation Is Built on Oil. That's a Huge Problem. - Governing

Alaska's Financial Foundation Is Built on Oil. That's a Huge Problem.
Governing
Oil taxes and royalties have been the source of about 90 percent of Alaska's unrestricted general revenues, but with oil prices flagging and production way down, they're not coming close to matching state spending. Alaska is staring down a $3.5 billion ...

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