Alaska's financial dilemma: Reserve funds lately have earned more money than oil

Alaska Dispatch
Alaska's financial dilemma: Reserve funds lately have earned more money than oil
  
Alaska has had the good fortune to amass billions of dollars in savings, which are now a major source of state revenue. But with the collapse of oil prices, the state is spending its savings at a rate of more than $6,000 a minute, and that's quickly eroding the earning potential of its investments. Part 2 in a series. 

Economy | Dermot Cole
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http://www.adn.com/article/20150316/alaskas-financial-dilemma-reserve-funds-lately-have-earned-more-money-oil