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Alaska's Oil Boom Pays Big Dividends | Anchorage News

Alaska's Oil Boom Pays Big Dividends | Anchorage News

Published 2 weeks, 3 days ago
Description

Alaska’s oil boom is paying off big time—crude prices hitting over $100 a barrel again are flooding the state treasury with cash, boosting dividends to $1,200 per resident and funding schools, winter fuel loans, and savings. With oil still climbing above forecasts and a projected next-year surplus of over $106 million, Alaskans are set to reap rewards as lawmakers gear up for January.

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