The new numbers could help Alaska's economy still mired in a recession.

High paying jobs in the oil industry are a indicator of Alaska's statewide economic performance.  Last year companies were laying off people, this year, the companies are hiring.

Growing tensions in the Middle East are also a positive sign for the North Slope.  The price of oil today was $71.04 per barrel.

Larger oil companies said they are not banking on the oil prices remaining high long term.

With prices this high the state receives an extra $80 million annually for every $1 increase in yearly average oil price.  For example, state oil revenues are up about $30 million since the fall of 2017 when prices were roughly $60 per barrel.

The Anchorage Daily news first reported the story.