Did you completely flunk Physics??? Orbital speed is set by orbiting mass. .
Well, it looks like you struggled in either physics or English. Your statement only bears meaning if the orbiting mass is any significant portion of the primary body. Even Jupiter is only 0.1% of the mass of the sun, so it's mass is irrelevant in computing its orbital velocity about the sun.
it's also cyclical based on I think a 5 year average of the price of oil - that means it's going to start going down next year as gas starts to plummet
It's based on the fund income, which doesn't necessarily correlate to oil prices. The Alaska Permanent Fund Corporation manages a *widely* diversified portfolio. An oil income deposited into the fund becomes a part of the principal and may contribute to the income.
The permanent fund is ultimately a rainy day fund. The distribution of the dividend from the permanent fund can be redirected into the state budget when it's needed. It's difficult to do politically, though.
Recognizing, I suppose, that the Permanent Fund dividend will be difficult to touch, there's a Statutory Budget Reserve (~1.7B, easy to draw from) and a Constitutional Budget Reserve (~$10.1B, harder to draw from). There are also a bunch of smaller savings accounts that do things like offset the high cost of electricity in the villages. All told, Alaska has about $70B in savings, and about $20B of that can be used directly for the budget. That $20B can fund the government at it's current budget for about 4 years without any of the permanent fund earnings.
Egotist: A person of low taste, more interested in himself than in me. -- Ambrose Bierce