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The Senate-advanced proposal this year called for designating 75% of oil fund earnings' draws to government and 25% to dividend checks, and bumping that to a 50/50 split if Alaska generated an ...
Sovereign wealth funds — like Alaska's or Norway's Government Pension Fund Global, which is the largest in the world — are often funded by wealth generated from state-owned natural resources.
Checks from Alaska's oil-wealth fund will begin going out to residents three months early, Gov. Mike Dunleavy said, citing economic hardships caused by the coronavirus. ... This year's check is ...
Alaska Republican Gov. Mike Dunleavy unveiled a budget plan Thursday that would pay residents an oil-wealth dividend of about $3,400 next year using a formula that lawmakers have all but abandoned ...
Prudhoe Bay on Alaska's North Slope is the highest yielding oil field in the United States and on North America, typically producing about 400,000 barrels per day (64,000 m 3 /d). The Trans-Alaska Pipeline can pump up to 2.1 million barrels (330,000 m 3 ) of crude oil per day, more than any other crude oil pipeline in the United States.
(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
"The opening of ANWR is projected to have its largest oil price reduction impacts as follows: a reduction in low-sulfur, light crude oil prices of $0.41 per barrel (2006 dollars) in 2026 for the low oil resource case, $0.75 per barrel in 2025 for the mean oil resource case, and $1.44 per barrel in 2027 for the high oil resource case, relative ...
Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The lawsuit alleges ...