How come the price per gallon for gasoline is about the same in Alaska as it is in the rest of the country?
Alaska crude oil is on a world market, it is as simple as that. Think of it this way: Gold is mined in Alaska and it still sells at prices set in London. Though the state does own the oil, it would be irresponsible of the state to sell it below world market prices. On the other hand, the Permanent Fund Dividend does make up for some of these unavoidable cost-of-living issues.
