The oil decline has been coming for a while. Obama just sped it up. OPEC artificially inflated prices on oil. The feds decided to do fracking to show America can be oil independent. Lisa was unable to sell Alaska as a fracking state. Obama made a ridiculous deal with Iran. Iran had barrels and barrels of oil sitting and waiting to get out on the market. Even Obama's administration told him that. So they dumped everything on the market as fast as they could. Before Obama signed the deal with Iran Russia got smart and dumped oil on the market. Then a few other countries. Now to make matters worse Obama signed an executive order making off shore drilling in the arctic off limits. Suddenly he wants a legacy as an environmentalist and he's targeted Alaska big time. Now OPEC is cutting production but unless Russia and Iran slow down I don't think it's going to make a big difference. You may hate me saying this but Obama really has not been good for Alaska.