To hear the governor tell it, oil is only providing $690 million to the State. “2017 is the first year that Alaska doesn’t earn positive income out of the oil and gas development. That’s a significant step,” Walker said at his March 21 press conference. By the governor’s own spring revenue forecast numbers, however, oil is sending more than $1 billion to State coffers this year.
See Full Story at AlaskaGOP.org
Page 11 of Revenue’s Preliminary Revenue Forecast; circled in red are actual oil revenue receipts the State gets in 2016 and 2017.
