We’re in the money, but let’s spend it wisely
The state treasury is flush with oil revenue. Not because of investment in new production in Alaska — though that certainly is underway — but because the U.S. war with Iran is driving up oil prices faster and higher than drivers can afford.
The average for a gallon of diesel in the U.S. drove past $6 last week, speeding to a record high. The average price for gasoline was $4.31 a gallon on Sept. 13, up $1.13 from a year ago, according to AAA, the country’s largest motoring and leisure travel membership organization.
Those prices are bad news from coast to coast, particularly for shippers and c...
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