Senate committee grills state over inaccurate oil production forecast

Sen. Anna MacKinnon, R-Anchorage, speaks during a Senate Majority Press Availability on April 3, 2017. MacKinnon is the chair of the Senate Finance committee. (Photo by Skip Gray/360 North)Alaska’s Department of Revenue faced criticism during a Senate Finance Committee meeting on Friday after it put out its spring forecast. It predicts an unprecedented 12 percent drop in oil production next year.
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That prediction came from the state’s Department of Natural Resources, which