Almost all Alaskan oil production is on state-owned land, so the state receives revenue from four different sources: production tax, property tax, royalties and corporate tax.
In 1968, Atlantic Richfield Company (ARCO) and Humble Oil and Refining Company (now Exxon Company, U.S.A.) announce the discovery of a massive oil field in Prudhoe Bay on Alaska's northernmost coast, in the frigid Arctic Circle.
Securing Iwo Jima came at a great cost to the Marine Corps and the Navy. More than 75,000 Americans fought at Iwo Jima. Almost 7,000 were killed and more than 24,000 wounded.
Yoshiko Hashimoto and her baby survived. But as many as 100,000 Japanese civilians, including her mother, father and a sister, perished in the firestorm of March 10, 1945.
