Chortle!
Can you read a graph?
Oil prices started collapsing long before June, and it was a very sharp, steep drop. Plus no other oil producing state in the country doubled revenues in 2008.
Yes I can. Obviously, you cannot.
Oil prices started collapsing long before June, and it was a very sharp, steep drop.
Nope. Before shooting your mouth off, you ought to look at the raw data that underlies the graph; it's kind of hard to eyeball it when the labels on x axis aren't very clear.
If you go look at the raw data, it just so happens that oil prices peeked in July of 2008. They did not start their sharp decline until October, long after Alaska's 2008 fiscal year ended.
Here's a source that has the raw data, in case you don't beleive me:
http://inflationdata.com/inflation/inflation_Rate/Historical_Oil_Prices_Table.asp
Plus no other oil producing state in the country doubled revenues in 2008.
LOL. You're not very good with numbers, are you?
If you were, you would realize that's because no other state produces anywhere near the volume of oil that Alaska produces. We're talking orders of magnitude here.