State Revenue


$3.1 Billion
Alaska’s oil and gas industry contributed $3.1 billion to state and local governments in FY19

Oil and gas revenues support a significant percentage of the State of Alaska’s budget:

38%
Of General Fund Revenue
(FY19)
90%
Of State Revenue from Business
(FY19)
80%
Of General Fund Revenue
(Avg Since 1977)

State Oil and Gas Revenue Tracks with Oil Price


$180 Billion
Since statehood, over $180 billion in state revenue has come from oil and gas production in Alaska

Alaska Permanent Fund


$370 M
Contributed to the Fund
(FY19)
25%
Of All O&G Royalties
(Deposited Annually)
$19 B
Total Contributed
(Since 1977)
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DOR Revenue Sources Book – Fall 2020