Under current law, next year we are projected to receive only half the revenue we need to cover projected spending. Let that sink in.
This country needs a more stable fiscal foundation, not more debt.
OPINION: The "Rainy Day" is upon us, so let's use Permanent Fund earnings as they were intended to be used -- for dividends and government services.
OPINION: While Alaska could use more budget restraint, Gov. Walker is moving in the right direction. But people with vested interests in maintaining higher state spending oppose the effort.
OPINION: Plummeting oil prices mean Gov.-elect Walker will need a sharp knife and a steady hand.
OPINION: Oil and gas consultant Brad Keithley says he's spending $200,000 to help Alaska candidates who have the will to keep state spending at a sustainable level.
OPINION: Alaskans are fond of saying its our oil when talking about the North Slope. Yet we as Alaskans have never invested in the development of our oil.
After the trip was delayed due to the Alaska Legislature's special session earlier this year, a policy visit to Norway may hold valuable clues to how Alaska can develop its own oil and gas.
The question of whether to reform Alaskas approach to oil taxes should turn on whether changes are reasonably likely to lead to a production response, not to an increase in jobs.
If adopted, Sen. McGuire's resolution to review Alaska's oil and gas competitiveness has the potential to become one of the most significant pieces of long-term legislation passed this session.
By attempting to continue to tinker with ACES, Parnell is continuing to fight the last war. Berkowitz is visualizing the one that is on the horizon.
At today's prices, natural gas can't supplant oil as Alaska's lifeblood if one compares value instead of volume.
To continue to attract new investment in its resources, Alaska must return to the policies that successfully developed the state's wealth in the first place.
Because of the lead time involved in a giant gas pipeline from the North Slope, Alaskans would be smart to think about Plan B.
The future currently is bleak because of the trajectory of Alaska's oil industry.