High oil prices are Alaska's alcohol of choice
March 2, 2022
It’s not often you hear political debates that invoke religion and booze but have nothing to do with temperance, the social ills of alcohol or strict adherence to church teachings.
In Alaska, those points are being offered in the context of the state budget and oil prices — both of which are similar to alcohol and religion in the 49th state. They can be intoxicating, debatable and divisive.
High oil prices of recent months — and even higher in recent days after Russia’s unprovoked invasion of Ukraine — have made Alaska rich again, for now. The state treasury hasn’t enjoyed the t...