You have undoubtedly heard about the renaissance that is just starting on Alaska’s North Slope. It’s a very exciting time with good news breaking every week. All that excitement may […]
Alaska North Slope 10-Year Oil Production Forecast
I gave you my projections of how oil production on the North Slope will look next fiscal year. But, the question most people really have is “what happens after that?” […]
The Fuzzy Logic of Columnists Writing about the Earnings Reserve
“How are you going to pay for all that?” a reporter asks Governor-elect Dunleavy. “$19 billion in the ERA. That’s how” he quips. Since well before the press conference following […]
A First Look at FY20 Oil Production
The Alaska Department of Natural Resources should be done with its production forecast. Over the next few weeks, The Department of Revenue will insert that forecast into their revenue model […]
What Will GMT1 Produce For The State Budget?
ConocoPhillips Alaska did a great job of getting the first Greater Moose’s Tooth (GMT1) development into production, ahead of schedule and under budget. We are all excited to have the […]
Alaska by the Numbers – November Edition
Here’s the big news that broke last month, and how it impacts Alaska’s economy. GMT1 Production Started Ahead of Schedule ConocoPhillips announced that they started flowing oil from the Greater […]
Exploring Alaska’s Budget: Part 5 – FY20 Budget Issues
We’ve looked at Alaska’s budget for the past month. In part 1, we learned some terminology. Then, in part 2, we explored what we buy with all that money. In […]
Exploring Alaska’s Budget: Part 4 – What Did We Cut?
Now that we’ve explored how the budget increased when oil prices were high, let’s take a look at what got cut when oil prices crashed. Budget Cuts The time period […]
Exploring Alaska’s Budget: Part 3 – Tracking Down Our Budget Growth
The story I hear most often is that when oil prices topped $100 a barrel, the Legislature went on a shopping spree. That sounds like a plausible story, but let’s […]
Exploring Alaska’s Budget: Part 2 – A look at FY19
Now that we have established some terminology, let’s take a closer look at the FY19 budget. In this post, I’ll be breaking down the budget that was passed in May […]