Alaska's financial dilemma: The state dependence on oil begins

[Panich52]

Alaska Dispatch

Alaska's financial dilemma: The state dependence on oil begins (Begins?!)
  
Oil has been the source of about 90 percent of Alaska’s revenue, but with prices flagging and production way down, it's not coming close to matching state spending. A bright spot: Billions in investment income from state savings. A three-part series examines how Alaska got here, and how it moves forward. 

Economy | Dermot Cole
Read more
http://www.adn.com/article/20150315/alaskas-financial-dilemma-state-dependence-oil-begins

[OnlinePoker]

1. I wonder if Alaska residents will get their dividend checks this year? n/t

[FBaggins]

2. Yes... and the biggest in some time

Unless they change their laws, the permanent fund doesn't pay out based on current oil revenues... it's based on an average of multiple years of investment returns... and the really bad years just dropped off the rolling average last year.