TAPS at 35: Accounting for the Oil Revenues
Thirty-five years ago, on June 20, 1977, oil from state-owned land on the North Slope began flowing through the trans-Alaska pipeline. Since then, the state has collected $170 billion in oil revenues, in today’s dollars.i Petroleum (both oil and gas) still in the ground might generate another $100 b...
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| Format: | Report |
| Language: | English |
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Institute of Social and Economic Research, University of Alaska Anchorage
2012
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| Online Access: | http://hdl.handle.net/11122/3922 |
| Summary: | Thirty-five years ago, on June 20, 1977, oil from state-owned land on the North Slope began flowing through the trans-Alaska pipeline. Since then, the state has collected $170 billion in oil revenues, in today’s dollars.i Petroleum (both oil and gas) still in the ground might generate another $100 billion for the state.ii What has Alaska done with its oil wealth so far? Northrim Bank. |
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