After years of being flush with oil money, Alaska now faces drastic budget cuts and having to dip into well-stocked savings to offset unprecedented deficits exacerbated by an unexpected plunge in oil prices.

Topics:  alaska   faces   budget   plunge   oil prices   
BING NEWS:
  • South Africa man convicted in deaths of 2 Alaska Native women faces revocation of U.S. citizenship
    ANCHORAGE, Alaska — Federal prosecutors want to revoke the U.S. citizenship of a South Africa man convicted of killing two Alaska Native women for allegedly lying on his naturalization ...
    04/19/2024 - 7:46 am | View Link
  • Republicans drag Biden over oil and gas restrictions in Alaska
    The Biden administration announced it will restrict the lands use Friday It cited the need to protect caribou and polar bears as a reason to restrict drilling The decision elicited fury from ...
    04/19/2024 - 6:25 am | View Link
  • Biden administration restricts oil and gas leasing in 13 million acres of Alaska's petroleum reserve
    JUNEAU, Alaska (AP) — The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.3 million hectares) of a federal petroleum reserve in Alaska to help ...
    04/19/2024 - 5:08 am | View Link
  • Biden set to block millions of acres in Alaska from oil, gas drilling in Earth Day action
    The Biden administration is planning to block oil and gas drilling across millions ... And according to the Office of Management and Budget filings reviewed by Fox News Digital, DOI officials ...
    04/18/2024 - 9:00 pm | View Link
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