Alaska Journal | War in Ukraine propels the price of Alaska oil past other benchmarks

While the cost of one is most certainly not worth the other, Russia’s invasion of Ukraine is proving to be an indirect windfall for Alaska’s treasury. Alaska North Slope crude oil traded for $115.14 per barrel on April 14, according to state Department of Revenue officials. That same day, oil indexed to the Brent benchmark sold for an average of $111.70. A premium of $3.43 per

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