Alaskan Oil Crisis
OCTOBER 14, 2006 Listen to this Story
- Alaskan Oil
- View the Slideshow
This month, many Alaskans will get over $1,100 deposited into their bank accounts. The deposits are Permanent Fund Dividend checks, an annual cut of the state's $35 billion in oil wealth. But if the state's so rich, why is Venezuelan President Hugo Chavez offering free heating oil to some native villages? It turns out that in one of the country's top oil-producing states, heating oil costs $7 a gallon in some remote communities. And most villages have accepted Chavez's offer. We sent independent producer Ashley Gross to a community just north of the Arctic Circle.
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- Music Bridge:
- Black Forest
- Artist: Radio Citizen
- CD: Berlin Serengeti (Ubiquity)
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