Sabri Beneshour
speaker
721 appearances
12 recordings
1 series
first heard Jan 2026
last heard 16 Sep
Sabri Beneshour’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 6.
Appearances
We'll have the details when we do the numbers.
War in the Middle East and oil prices are, of course, looming over this whole inflation question, which is a thorn in the side of the Federal Reserve and obviously us consumers generally.
But, you know, it's capitalism.
So there's always a winner somewhere, apparently.
And that winner today would be oil producing states like Alaska and New Mexico, specifically their budgets.
From the Every Cloud Has a Silver Lining, I Guess desk, Marketplace's Elizabeth Troval has more.
Two things are completely certain, death and taxes.
But exactly how much taxes can be hard for governments to predict?
Lucy Dedan is with the Tax Policy Center.
That's especially true for states that rely on taxes from oil production, like Alaska, North Dakota.
That's Rice University's John Diamond.
He says when the price of oil is high, like now, states collect more of what are called severance taxes.
That's temporarily good news for oil producing states that are seeing increased revenue projections right now.
But Jared Walzak with the Tax Foundation says the gravy train only lasts so long.
In New Mexico, the legislature has recently capped how much of the state's general fund comes from oil and gas.
Charles Salee is director of New Mexico's Legislative Finance Committee.
And today the legislature is saying, how do we make the best use of it?
That means that any additional revenue New Mexico gets from a higher than expected oil price... Will essentially go into our permanent funds.
Not spending that extra money today, but using it to smooth out boom and bust cycles in the future.
I'm Elizabeth Troval for Marketplace.
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