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Old 12-12-2008, 02:51 PM   #101 (permalink)
dc_dux
 
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Location: Washington DC
Alaska funds about 90 percent of the state budget from royalties and taxes on oil producers. Soaring oil prices for most of the year and a higher windfall oil profits tax pushed through last year by Paln might explain it.

what will happen now with the declining oil prices....when the budget is based on $100/barrel oil.
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