15 AAC 55.171 (m) specifies how the average spot price for ANS at the US West Coast during a month is to be calculated for purposes of determining prevailing value. For the convenience of taxpayers and the public, the Tax Division calculates the average spot price each month and publishes the result on this web page. However, the Division does not guarantee the accuracy of these calculations, and in the event of a discrepancy between a calculation published here and the true average spot price as provided by the regulation, the provisions of the regulation control.

$ Per Barrel20172016201520142013201220112010200920082007200620052004
January53.90430.21948.874103.819109.876111.87192.55779.33539.01191.15951.52362.84641.12533.100
February54.72431.13953.845106.297112.757119.64796.78676.74142.77694.42256.99859.26243.58933.660
March51.81338.10252.279107.907108.930122.678115.34179.45147.747105.06359.00760.60750.63235.505
April53.33741.79458.486107.362104.576120.945120.86082.23246.558112.37063.91667.73749.74935.430
May50.72046.61464.373108.060104.423110.546113.56774.23158.234125.41264.75569.31646.77239.066
June47.37847.39964.401110.757104.00698.063111.07975.66469.797133.77669.10969.50053.67436.729
July49.18444.06656.197107.634111.341103.748114.46976.52964.530132.88075.93073.10456.67139.440
August51.36744.16848.257101.778110.568110.792106.94875.78371.523115.97673.83071.73862.40043.124
September54.81744.51448.83096.053110.483111.937113.73675.26669.200101.86279.72062.33063.46742.707
October49.38548.20084.905104.820107.297110.83682.40674.27573.65084.77054.26860.36948.560
November45.82844.23877.407101.284105.235115.64483.92876.52453.94092.98254.26156.10842.151
December53.25837.14660.902108.190107.305106.54389.74775.11737.69988.63858.13257.16936.658


  • In January 2013, Reuters, a pricing service, deleted several daily Alaska North Slope (ANS) published estimated spot prices. These prices were for “market holidays.” Reuters ordinarily does not publish ANS spot prices on “market holidays.” This resulted in 2 revisions to the ANS West Coast (WC) Average Spot Price posted on the Department of Revenue website. ANS WC Prevailing Value for January 2012 increased from $111.794 to $111.871 and ANS WC Prevailing Value for September 2012 decreased from $111.971 to $111.937. The Department is posting this change because this revision affects the 2012 production tax return due on March 31, 2013.


  • In July 2013, Dow Jones (Telerate), a pricing service, erroneously posted incorrect daily Alaska North Slope (ANS) published estimated spot prices. These prices were issued July 17-22, 2013. This resulted in July 2013 revision to the ANS West Coast (WC) Average Spot Price posted on the Department of Revenue website. ANS WC Prevailing Value for July 2013 decreased from $111.614 to $111.341. The Department is posting this change because this revision affects the 2013 production tax return due on March 31, 2014.


  • One of the assessing services used to calculate the prevailing value has stopped publishing ANS crude assessments the day after Thanksgiving. As a result, ANS WC PV for November 2016 decreased from $45.882 to $45.828.


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