Alaskans for Sustainable Budgets

The ability to spend unlimited amounts of money in the political process on both the left and right has broken the link between voters and their representatives, and replaced it instead with links between representatives and their unlimited financial supporters, including the national parties. NOW thru Tuesday: The Alaska screening of Unrepresented, the award-winning documentary exposing the corrupting influence of money in politics. Join us in watching, then join us again for a panel discussion on Tuesday at 5p. Deets here: https://lnkd.in/d-yh3CD

The 8:30a Chart| To provide context to current $$oil, we publish daily (ex-Su) a running avg of FY25-32 $$ANS, Brent & WTI actual+futures. Projected ANS v. 𝙁𝘼𝙇𝙇24 F'cast: > FY25 ⬆️ $1 ($50mil UGF) > FY26 ⬆️ $3 ($105mil) > FY27-32 ⬆️ $1 (avg annual $35mil) #akleg

Throwback Tuesday| Yesterday's announcement that the state has started subsidizing ENSTAR's gas cost - by providing royalty relief that is being flowed through in the form of reduced gas costs - brings back to mind this previous commentary. #akleg https://buff.ly/3YezKpS

"Fitzpatrick said the agreement will cover the full project cost ..." but the undisclosed partner is not even willing to put in the first $50 million without a state backup guarantee. 🙄 #akleg https://lnkd.in/gpjwq5J6

This Wk's Top 3| Dunleavy's "legacy," talking Southcentral gas to death & the spending wish list for the #akleg is growing. T'row, 6:05a on the Michael Dukes Show at https://buff.ly/421ex5a

Obviously written by someone who hasn't worked through the Fall RSB: "It would mean ... billions of dollars in revenue for the State of Alaska." Mmmmmm, not the way SB21 is operating in the current environment. #akleg https://buff.ly/3C9ausV

The 8:30a Chart| To provide context to current $$oil, we publish daily (ex-Su) a running avg of FY25-32 $$ANS, Brent & WTI actual+futures. Projected ANS v. 𝙁𝘼𝙇𝙇24 F'cast: > FY25 ⬆️ $1 ($50mil UGF) > FY26 ⬆️ $3 ($105mil) > FY27-32 ⬆️ $1 (avg annual $35mil) #akleg

The Monday Chart| To put Alaska's in-state gas prices in global context, once wkly we compare Enstar's current Gas Cost Adjustment v. global markers. Current Enstar price is 37% ⬇️ Asia, 155% ⬆️ L48. 5yr avg, Enstar 17% ⬇️ Asia, 144% ⬆️ L48. #akleg Even though it's not projected to be available until 2031, we also have started including Wood MacKenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 68% ⬆️ Asia.

Showing where his attention lies (more govt programs, more govt spending), Bradner entirely ignores the gaping budget holes the Dunleavy Admin is leaving behind, and his failure to propose equitable, low-impact solutions to them. How can Bradner possibly miss that? #akleg https://lnkd.in/gvP2ZMWB

One of the things that intrigues is the significant diversion in the growth rates for Alaska PCE and CPI since 2015. It replicates what is happening nationally, so there should be some literature, but it means that CPI may not fully capture what #WorkingAKfams are experiencing. #akleg