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...houses of the legislature. And while it might not be perfect, it's a good start. It better protects Alaska at lower oil prices and substantially reduces the risk to the state treasury by restructuring the credit system. It simplifies the tax...
...especially at high oil prices, but could lead to a net increase in revenue with substantial new production and lower oil prices - he acknowledged Alaska must compete with oil-producing jurisdictions that have a lower cost of doing business...
...Heinrich, vice president of finance for ConocoPhillips Alaska, said the proposal would represent a tax increase at lower oil prices. Given Alaska's high-cost environment, he said the bill doesn't go far enough toward improving Alaska's...
...as a gross value reduction.Areas that don't qualify for the gross value reduction - that is, the legacy fields - would have a 35 percent base rate and a per-barrel allowance of up to $8 at lower oil prices and zero at higher prices.
...less at the high oil prices and taking more at the low oil prices," Parnell said during a Wednesday morning press conference...Alaskans' oil. And so I am better protecting Alaskans at lower oil prices with this proposal, and I think that's something...
...Finance Division report offers a sobering look at the state's fiscal situation amid declining oil production and lower oil prices. It was released a day before the start of the new legislative session.The price of oil would have to be an estimated...
...incentives for legacy fields to offset the high cost of operating in Alaska and would constitute a tax increase at lower oil prices.Jepsen, vice president of external affairs, said his company would invest more in Alaska in the right environment...
...projections. The Department is predicting less oil revenue next year, $8.6 billion in revenues, the result of expected lower oil prices, a decline in oil production, and stepped-up industry investment.The forecast for full year oil prices this...
...recently talked about his fear of less state revenue at low oil prices under the governor's oil tax rewrite. He was quoted...and if the cash isn't coming in during periods of low oil prices, and if the state has spent down its savings, then...
...Majority Leader Gary Stevens, R-Kodiak, said he supported the bill because it earned more than the House version at low oil prices. Stevens also said he feared that if the Legislature raised taxes too high for the oil industry, it might scuttle...