(TOPs) Thoughts, Observations, & Postings by LightnRod1
Economic and Financial Thoughts and Comments
Monday, April 13, 2009
Alaska forecasts oil-output drop, more oil spending
ANCHORAGE, Alaska, April 10 (Reuters) - Alaska North Slope oil output is expected to drop 5 percent in the coming fiscal year as its oilfields age, and average prices of its crude oil are expected to fall, causing a dip in income for the state, its Department of Revenue forecast on Friday.
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