In light of the recent downward spiral of oil prices, Alaska officials are rethinking last month’s fiscal forecast, which predicted that North Slope crude would go for above $70 a barrel through to 2010.  According to Alaska Revenue Commissioner Pat Gavin, the volatile state of the oil market and the American economy have nullified last month’s prediction that oil would sell for an average of $77.66 a barrel this fiscal year and $74.41 a barrel in 2010. more »