Alaska, More Oil States Battle Budget Deficits
  • 6 years ago
More than three years after the collapse in oil prices, energy-producing states such as Alaska, Oklahoma and Louisiana continue struggling with budget shortfalls. And Fiscal 2019 is no different, as lawmakers seek permanent revenue solutions. States that benefited from the energy boom were left reeling when prices collapsed in mid-2014. That leading to a continuous scramble to make up for lost oil-related revenue. Alaska, depended heavily on revenues from oil activity.
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