Quote:
Originally Posted by Vics Stuff
My state of Alaska is totally reliant on oil revenue. For the past 3 years as the price per drum dropped , so has the oil field employment in my state. Now that the oil companies are not producing as much oil due to the drop in price , the revenue needed to operate this state also has dropped dramatically causing a major recession . We are enjoying fuel in my town at $1.85 per gallon but actually hurting this state the same time.
Vic
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Yes and to make matters worse, tourism will be way down this summer due to the COVID 19. My daughter lives at North Pole, AK. We go up every summer but might not make it this year. Time will tell.