10/12/14 - 8:26pm
Bogged down in multiple-year, multi-billion dollar state budget deficits, Alaskans have been nervously watching North Slope oil production and hoping for an uptick.
They’ve largely forgotten about oil prices, the other side of the state oil revenue equation.
The news is not good, at least for the budget.
For consumers, however, it’s good news because it means lower fuel prices, although those prices are usually “sticky,” meaning they don’t fall as quickly as crude oil.