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 […]
Are ConocoPhillips Profits Really Highest in Alaska?
On July 31st, 2018, ConocoPhillips released its second quarter 2018 10-Q, which was filed with the Securities and Exchange Commission (SEC). A couple weeks later, the Legislative Research group released […]
Did SB21 Cause Our Budget Problems?
I recently saw a social media post that said something to the effect of “the reason the State is broke is because of the oil tax giveaway back in 2013.” […]
The Alaska Recession – By the Numbers
We peg the beginning of the Alaska recession at October of 2015. That is the point we identify as when the general economy began a downward trajectory. Prior to October […]
Don’t Listen to Sound-Bites, Oil Production is Up
If a bat and a ball cost $1.10 together, and the bat costs $1 more than the ball, how much does a ball cost? This is a classic riddle. I’m […]
How Profitable Was Alaska’s North Slope?
In 1977, the monumental achievement known as the Trans-Alaska Pipeline System (TAPS) was completed. It was the largest, most complex, and most expensive engineering feat of its time. As we […]