Alaska has bigger needs than fattening the dividend

By: Larry Persily

Outlets: Alaska Beacon

Published: March 3, 2026

Words: 613

Last Updated: 1 week ago

Body Text Preview

Just as Russia’s invasion of Ukraine in 2022 drove oil prices higher — over $100 a barrel for several months — so too are the U.S. and Israeli attacks on Iran, and Iran’s counterattacks, sending prices upward.

Higher oil prices mean more money for the Alaska state treasury. After the annual draw on Permanent Fund earnings, the money from oil taxes and royalties, which are based on price per barrel and production, are the second-largest …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

Email Us