The Department of Interior announced Tuesday it paid Alaska $19 million over the previous year for oil and gas development on federal land in the state.
That’s a few million more than the 2012 disbursement but a fraction of the billions Alaska reaps each year from oil development on state–owned lands like Prudhoe Bay.
The government pays states a portion of the rents, royalties and bonuses it takes in from energy and mineral production.
The state with the biggest federal disbursement in the past year was Wyoming, at nearly $1 billion. The smallest payment – a mere $38 — went to North Carolina.
- August 30, 2015- He's giving the mountain its Koyukon Athabascan name on the eve of a historic presidential visit to Alaska.
- August 30, 2015- Juneau gardeners showed off their best vegetables, herbs, jams, and garden plots recently at the community garden on Montana Creek Road.
- August 30, 2015- That the court on Friday affirmed a 2011 ruling by the Superior Court that the pipeline was worth $8.9 billion to $9.6 billion during that time.
- August 30, 2015- Four children broke into the Bethel Community Garden Thursday evening. They stole tools and wrecked vegetables that were reaching their peak after the growing season.