The Mudcat Café TM
Thread #99746   Message #2040035
Posted By: Dickey
01-May-07 - 12:22 AM
Thread Name: BS: Poverty in the USA
Subject: RE: BS: Poverty in the USA
"No. The oll companies do NOT pay Alaskans a share. Read the act and you will know a little more about it."

The oil companies pay royalties into the fund, The fund invests it and pays a dividend to Alaskans.

"Contributions from oil make up the vast majority of our royalties, and high oil prices produced the largest royalty deposits to the Fund over the last two years."
http://www.apfc.org/reportspublications/pfhistory.cfm