Anchorage, Alaska – The oil price spike has brought the best of times and worst of times in Alaska.
In the state’s urban metropolis, a retail frenzy is under way as merchants compete for the extra $3,269 that landed on Sept. 12 in residents’ bank accounts. The money is from the normal annual dividend paid by [...]

Bush wants more, threatens veto
By Lewis Page • Get more from this author
The US Congress has voted to end America’s ban on offshore oil and gas drilling in the face of rising petrol prices. However the White House is resisting the Democrats’ energy package, saying it will stifle the oil industry.
Reuters reports that the Democrat-controlled [...]