Historically, oil price spikes have led to highly problematic spending spikes; the FY24 budget uses an approach that, if continued, could bring those under control. — One of the little realized things about the FY2024 budget is that, whether intentionally or not, it is based within one dollar of the rolling 10-year historical average Alaska North Slope (ANS) oil price. While the Department of Revenue’s (DOR) FY2024 projected ANS oil price reflected in the Spring 2023…