The Weekly Top 3 (7.8.2024)

The "opportunity costs" of PFD cuts, why state revenues from oil aren't following the growth in oil production volumes & why KTUU's "man in the street" question about the PFD is misleading

Welcome to The Weekly Top 3 — our look at the top 3 things on our mind here at Alaskans for Sustainable Budgets — for the week of July 8, 2024.

The Weekly Top 3 is a regular weekly segment on The Michael Dukes Show. The Show broadcasts on Facebook and YouTubeLive as well as via streaming audio from the Show’s website weekdays from 6–8am. I join Michael weekly in the first hour of Tuesday’s show, from 6:10–7am, for a discussion between the two of us about our three issues.

This week, our top 3 issues are these: 1) we discuss what the true “opportunity costs” are of PFDcuts (2:13); 2) we explain why assuming state revenues from oil follow oil production volumes is wrong (19:10); and 3) we explain why KTUU’s recent “man on the street” question about the PFD is misleading (36:10). At the end of the third segment, Michael and I also have a brief discussion about the significance of the U.S. Supreme Court’s recent decision to abandon judicial deference to federal agency actions (a reversal of the so-called “Chevron doctrine”).

The segment is at the YouTube clip above. For those who prefer the audio version, it is available on our Spotify and Soundcloud pages. Go to the Show’s Soundcloud page here for this and other complete podcasts of The Michael Dukes Show.