Alaskan Residents Receive Over $3000 In Oil Dividends ...Middle East

Economy by : (OILPRICE) -
The Alaskan authorities distributed a check of over $3,000 to almost all residents of the state in payment from its investment fund that gets filled up from oil profits. Called the Permanent Fund Dividend, the payment amounts to $2,622 per resident but the state added another $662 in a bid to help Alaskans with higher energy bills, the AP reported. “We’re experiencing record high inflation that we haven’t seen since the first PFD was paid in 1982,” Alaska Governor Mike Dunleavy said in a video address. “Alaskans have…

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