Each Tuesday morning at 7:20 am Alaska, I join KBYR AM700‘s The Michael Dukes Show to discuss the latest in Alaska oil and fiscal issues. This week we started the discussion with this month’s International Energy Agency’s (IEA) Oil Market Report, released this morning. The report revises some of IEA’s previous work by concluding that current oversupply conditions in global oil markets (and thus, price softness) are now expected to continue into 2017.
We followed that discussion by focusing on what that revised outlook means for Alaska, and then in the second segment while discussing the need for continued state spending reductions (a needed step regardless of the IEA’s outlook), we discuss a recent analysis that shows the Alaska legislature is spending way, way more (i.e., more than double) on the University of Alaska (UA) compared with what other states are spending on UA’s self-defined “peer institutions.” I join Michael at 14:45 into the segment.
Listen here or at the widget below and for past episodes, go here.
Thoughts on Alaska Oil & Gas 