Alaska's oil revenue continues to rise

The State of Alaska keeps bringing in money. The Revenue Department today released a preliminary revenue forecast that predicts a total income this fiscal year – ending June 30 — of
$8,500,000,000. State Economist Dr. Michael Williams says that reflects the unexpectedly high price of oil on world markets since last fall’s forecast of $6,600,000,000 was released.

Dave Donaldson, APRN – Juneau