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House panel OKs 22.5% oil tax rate

...proposal would make it more difficult to extract heavy oil. The amendment would only apply to the North Slope's two huge legacy fields of Prudhoe Bay and Kuparuk, but those fields also contain large deposits of not-yet-recovered heavy oil.

http://www.juneauempire.com/stories/111107/sta_20071111020.shtml
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