Institute of Social and Economic Research
Federal Spending in Alaska: Running Out of Steam?
After nearly a decade of explosive growth, federal spending in Alaska has turned flat, according to a new analysis of federal spending in Alaska by Scott Goldsmith, professor of economics at ISER.
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High Oil Prices Give Alaskans a Second Chance: How Will We Use This Opportunity?
Since 2005, Alaska’s state government has collected as much in oil revenues as it did during the huge oil-revenue boom of the early 1980s: a combination of high oil prices and changes in the way the state calculates production taxes has created a second huge oil-revenue boom.
But the oil creating this wealth is dwindling. That oil is from huge, low-cost oil fields on state-owned land, including the Prudhoe Bay field, and it has supported much of the economy and paid for most state government operations for decades.
Check out the full report.