JUNEAU — The budget questions that sent Alaska lawmakers into special session this year had nothing to do with austerity measures or disagreements over cuts to state agencies or programs.
They just couldn't agree on what to do with all that extra money.
Resource-rich Alaska took in nearly $1.9 billion more than expected last fiscal year thanks largely to high oil prices and ended the fiscal year with an estimated $260 million surplus, an amount equal to nearly 4 percent of its general fund.
A handful of states — led by those that enjoy bountiful energy reserves such as West Virginia, Wyoming and North Dakota — have found themselves in similarly enviable positions, oases of optimism in an otherwise barren landscape of budget cuts and government layoffs.
While the fed/ bobo obama fiddles around( while rome burns) & states like cali etc swim( drown) in debt, , trying to figure out how to suck even more money out of its taxpayer citizens pockets & failing state budgets(and how they be more a burden on the successfull states & take what they have) try stay afloat & be as green as they can( at any cost)- some place like Ak etc have the burden of figuring out how to spend all that money of theres.
A tough job but somebody has to do it.
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Let others praise ancient times; I am glad I was born in these.-- Ovid (43 B.C.-A.D. 18)
Things ain't what they used to be and probably never was. ~Will Rogers
Tomorrow hopes we have learned something from yesterday.
"Shouldn't someone tag Mr. Kennedy's 'bold new imaginative program' with its proper age?" "Under the tousled boyish haircut it is still old Karl Marx—first launched a century ago.
There is nothing new in the idea of a government being Big Brother to us all. R.Reagan-1960
High oil prices equal boom for four states
Guess you support obamas goal of $5/gallon gas then.
What a boom that will be for those 4 states.
Try naming those 4 states.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Me? i personlly support 99 cents a gal gas prices myself.
Oil isnt really Wy major energy exports- like some states- but its true - when price of oil prices go up more money is made here to i believe to be generally true.
Same withNaural gas & coal,trona, uranium etc all mined here as far as i know.
( Example?Ng glut low prices( less money is made-product is cheaper- i see no problem
But i agree thats what i have heard- Obama( and his dept of energy head jjust recently) etc want $5 & even more per gal.along with obamas promises of skyrocketing energy prices under "his plans".( I dont like to pay high energy costs of anykind....
__________________
Let others praise ancient times; I am glad I was born in these.-- Ovid (43 B.C.-A.D. 18)
Things ain't what they used to be and probably never was. ~Will Rogers
Tomorrow hopes we have learned something from yesterday.
"Shouldn't someone tag Mr. Kennedy's 'bold new imaginative program' with its proper age?" "Under the tousled boyish haircut it is still old Karl Marx—first launched a century ago.
There is nothing new in the idea of a government being Big Brother to us all. R.Reagan-1960
Places like N dakotas are boooming now has been & will be i think in the future( less maybe the obama EPA gets finely succsessufull in its bid to ban frack ing etc?)
Quote:
High oil prices equal boom for four states
Guess you support obamas goal of $5/gallon gas then.
What a boom that will be for those 4 states.
And yes you guessed wrong this time- i am not for obama grand plans of high energy costs at all.
__________________
Let others praise ancient times; I am glad I was born in these.-- Ovid (43 B.C.-A.D. 18)
Things ain't what they used to be and probably never was. ~Will Rogers
Tomorrow hopes we have learned something from yesterday.
"Shouldn't someone tag Mr. Kennedy's 'bold new imaginative program' with its proper age?" "Under the tousled boyish haircut it is still old Karl Marx—first launched a century ago.
There is nothing new in the idea of a government being Big Brother to us all. R.Reagan-1960
A large multi coastal boom would be nice real nice(and vastly increased inland productions) involving many many rigs & states & of course the fed( fedleases etc)- (uncle sammy claims a lot of ownership & control etc-( some places more then others)( what are the chances of that happening hmm?
2009 was when things stared slowing down here some( booming right along( for about 10 yrs?) way to much building( population increases) etc for my tastes.
( i seem togo to town less & less these days( these still building things)- i think i got spoiled because when we moved here in the 80,s it was big bust times here then( buy for cheap many many empty houses,not so high pay etc )- very few ppl( compared to now() around town in the stores( a lot less stores etc to) etc back then thats for sure.
| I need a lot of open space & distance in front of my eyes these days(and nothing but mtns out my back door) ( so far at least that view hasnt been spoiled much)
__________________
Let others praise ancient times; I am glad I was born in these.-- Ovid (43 B.C.-A.D. 18)
Things ain't what they used to be and probably never was. ~Will Rogers
Tomorrow hopes we have learned something from yesterday.
"Shouldn't someone tag Mr. Kennedy's 'bold new imaginative program' with its proper age?" "Under the tousled boyish haircut it is still old Karl Marx—first launched a century ago.
There is nothing new in the idea of a government being Big Brother to us all. R.Reagan-1960
( Example?Ng glut low prices( less money is made-product is cheaper- i see no problem
Well a few problems(and a lil less $ going into the state bank) for the most part market forces will decide many things though( also involes more fed reguations, many lawsuits in the courts by envo mental groups etc also- not just the markets) . CBM in this case anyways- layed down rigs, caped & plugged wells & orphaned wells do cost the state a bit of moneys at times.
Quote:
Over the past several years, coal-bed methane gas operators in the Powder River Basin have idled thousands of wells due to low natural gas pricing, and a handful of operators struggle on the verge of bankruptcy. Black Diamond Energy Inc. and Loral Operating, for example, each have failed to put up the full amount of state-mandated “idle well” bonding. Each has also failed to perform required “mechanical integrity testing” to ensure their idle wells do not create environmental or human health hazards.
In all, the fate of some 11,800 idle coal-bed methane wells in the basin remains uncertain, creating a potential liability that could cost millions of dollars to address.
Quote:
“Orphaned” wells are those left behind after a company has gone bankrupt and no other operator wants to take over the facilities. The state typically cashes in any bonds posted by the company to help cover the cost to permanently “plug and abandon” and otherwise reclaim the wells. But the amount of bonds posted by a company that has failed financially often isn’t enough to cover the entire cost.
__________________
Let others praise ancient times; I am glad I was born in these.-- Ovid (43 B.C.-A.D. 18)
Things ain't what they used to be and probably never was. ~Will Rogers
Tomorrow hopes we have learned something from yesterday.
"Shouldn't someone tag Mr. Kennedy's 'bold new imaginative program' with its proper age?" "Under the tousled boyish haircut it is still old Karl Marx—first launched a century ago.
There is nothing new in the idea of a government being Big Brother to us all. R.Reagan-1960
Take a look at nat gas.Lots of drilling fracking etc. Supply way up! Prices down.Good for us?
Now producers say prices are to low, we're cutting back on production, after only a few days prices raise, how far? hard to tell yet, but here's the deal the price will be where those at the top want,call it price fixing or whatever you wish, without some major changes in government & business practices $5 gas is going to be the future and a lot more if the powers that be believe we can pay it.
I dont have any NG at my house here so i rarely keep track of prices(if ever)- arent prices still low? ( the story above about NG im not sure of the date- but pretty current i think)
Hope no $5 a gal anytime soon- would like to see why our current leader wanted such things as $5 gas ( and chu his energy dept head) explained(and how they think high gas prices effect our economy & how he planed on getting these higher prices he wished for.
__________________
Let others praise ancient times; I am glad I was born in these.-- Ovid (43 B.C.-A.D. 18)
Things ain't what they used to be and probably never was. ~Will Rogers
Tomorrow hopes we have learned something from yesterday.
"Shouldn't someone tag Mr. Kennedy's 'bold new imaginative program' with its proper age?" "Under the tousled boyish haircut it is still old Karl Marx—first launched a century ago.
There is nothing new in the idea of a government being Big Brother to us all. R.Reagan-1960
Take a look at nat gas.Lots of drilling fracking etc. Supply way up! Prices down.Good for us?
Now producers say prices are to low, we're cutting back on production, after only a few days prices raise, how far? hard to tell yet, but here's the deal the price will be where those at the top want,call it price fixing or whatever you wish, without some major changes in government & business practices $5 gas is going to be the future and a lot more if the powers that be believe we can pay it.
We found the tipping point at $4.00 when Bush was in office. With a Dem, its no big deal. I suspect it would be at 4.50 maybe even 5 with Barry. However, get the White house change back to an R and the media willl be sure the the tipping point moves back to $4.00.
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Amid deficit gloom, some states enjoy big surpluses
A tough job but somebody has to do it.
( so far at least that view hasnt been spoiled much)
Orpans.
Fuel prices
