Alaska officials estimate $200M drop in oil revenue forecast

ANCHORAGE, Alaska (AP) — Alaska’s latest revenue forecast has estimated a $200 million decrease in oil revenue after an excess of the resource contributed to lower prices worldwide, state officials said. The state Department of Revenue released the forecast Friday revealing both prices and production are running below expectations presenting challenges for state officials planning […]

This story is from The Seattle Times. Read the rest of this News story at https://www.seattletimes.com/seattle-news/northwest/alaska-officials-estimate-200m-drop-in-oil-revenue-forecast/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_seattle-news.

This post was originally published on this site