Alaska has long been a bastion of the US’ oil production, even giving dividend checks to residents from oil revenues. But oil price woes are having a major effect on a state that has no state income tax or state sales tax, and crude production on Alaska’s North Slope in 2015 fell to its lowest point in decades. Platts senior oil editor Brian Scheidspeaks with Diane Kaplan, president of Alaska’s Rasmuson Foundation, about the impact of low prices, declining supplies, and how Alaska lawmakers are having to take a hard look at changes to the state’s tax structure.