Commentary: Low oil prices a 'bah humbug' for state treasury

It’s the season of warm wishes, goodwill, families and friends. It’s a time for gifts, sharing old memories and making new memories with the new year. It’s a break in everyday life to remember the past and think about the future.

Too bad Alaskans need to be thinking about how the state will come up with enough money next year to fully fund schools, highway projects, the ferry system, public services, repairs to aging facilities — and a politically acceptable Permanent Fund dividend that will help pay for residents’ holiday presents next year.

Santa carries a lot of weight, literally and figura...