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Alaska oil checks

4 years 2 months 3 weeks ago Wednesday, September 17 2014 Sep 17, 2014 September 17, 2014 6:45 PM September 17, 2014 in News
Source: Associated Press
By: Michael Marsh

ANCHORAGE, ALASKA- This year's oil checks for people in Alaska will amount to about $1,900.

The money from the state's oil wealth is distributed yearly to residents.

The payout is October 2 and is more than double the amount of $900 last year.

It's short of the record payout of $2,069 six-years ago.

The amount of the checks is based on a five-year rolling average of worldwide oil markets.

The checks have been handed out since 1982.

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