The fall in oil prices after the fracking boom in the early 2010s has decimated Alaska's state treasury, which has historically received about 85 percent of its revenue from taxes and fees imposed on oil and gas companies.
ðə fˈɔːl ɪn ˈɔɪl pɹˈaɪsᵻz ˈæftɚ ðə fɹˈækɪŋ bˈuːm ɪnðɪ ˈɜːli tˈuː θˈaʊzənd tˈɛn z hɐz dˈɛsᵻmˌeɪɾᵻd ɐlˈæskəz stˈeɪt tɹˈɛʒɚɹi, wˌɪtʃ hɐz hɪstˈɔːɹɪkli ɹᵻsˈiːvd ɐbˌaʊt ˈeɪɾi fˈaɪv pɚsˈɛnt ʌv ɪts ɹˈɛvənˌuː fɹʌm tˈæksᵻz ænd fˈiːz ɪmpˈoʊzd ˌɔn ˈɔɪl ænd ɡˈæs kˈʌmpəniz.