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Alaska oil nears its highest price since 2008, far above what the state budgeted

Photo: Malcolm Manners via Wikimedia Commons · Photo source · CC BY 2.0

Alaska Oil Windfall

2h ago3 min read

Alaska built its budget on $75 oil. North Slope crude hit $129.71 Wednesday, and if prices stay high the state could take in about $1.7 billion extra.

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