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On the revenue side, we see continued declines in oil production in a state where oil revenues pay for 90 percent of the budget. There is a good reason to believe the state's production forecast is actually a tad optimistic: It includes new oil projects still being evaluated. If some of the new oil doesn't show up, as has often happened, the decline steepens.
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The results of the Dec. 7 state oil lease sale weren't particularly encouraging. The sale wasn't a bust but it wasn't wildly successful, either. Basically, companies already on the Slope bid to add acreage, although there were two new companies, both small firms.
http://www.freerepublic.com/focus/f-news/2821925/posts
After what the Alaskan people have allowed to happen by re-electing the ousted republican senate member using democrate votes I say EFEM!
Crap, I can’t remember her GD name!!!
My mom and dad both worked at the elementary school in our small town. And among the many things I owe them is a simple lesson that I’ve learned, that this is America, and every woman can walk through every door of opportunity...
So I signed up for the PTA because I wanted to make my kids’ public education even better...
This was the spirit that brought me to the governor’s office when I took on the old politics as usual in Juneau, when I stood up to the special interests, and the lobbyists, and the Big Oil companies, and the good-old boys...
When oil and gas prices went up dramatically and filled up the state treasury, I sent a large share of that revenue back where it belonged: directly to the people of Alaska. And despite fierce opposition from oil company lobbyists, who kind of liked things the way that they were, we broke their monopoly on power and resources. As governor, I insisted on competition and basic fairness to end their control of our state and return it to the people.
...which provided extra, "early funding for [public] education" (Alaska State).
Governor Palin Signs Domestic Violence Legislation