Sen. Gary Stevens: Alaska’s future a bit ‘iffy’ 

From the Homer News: The perennial issues of oil, energy and how to fund state government after the North Slope declines were topics Senate President Gary Stevens, R-Kodiak, discussed on a visit this week to Homer. Stevens spoke at the Homer Chamber of Commerce, met with city officials and held an informal town meeting at Captain’s Coffee on his visit Tuesday. While revenues from North Slope oil fields fund 90 percent of state government, those fields are declining 5 percent a year, Stevens said. Rising oil prices offset that decline somewhat. While many Alaskans pin their hopes on a natural gas pipeline, Stevens said he has to be realistic about the current gas situation. Read more

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