Six Alaska Megaprojects Lurch Forward After Stall Imposed By State’s Budget Crisis Amid Low Oil Prices

Low oil prices dealt a serious blow to Alaska's state budget and threatened funding for everything from universities to the state’s ferry system. Oil revenue makes up 90 percent of the state’s budget, but prices have dropped precipitously since last summer -- leaving a $3 billion hole in the state budget that lawmakers patched by dipping into reserves. 

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Alaska [+]   

More #news: