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Alaska officials revise oil production estimates less in expected investment earnings.The state is expected to receive $2.4 billion this year from the oil and gas production tax and $1.7 billion next year, both estimates up from last fall's forecast. The state received about $4...
State | AK legislature
BP drilling increases 30% in 2013, more planned for '14

...stepped up by BP and ConocoPhillips, the two major North Slope operators, following changes to the state's oil and gas production tax by the state Legislature last April. The new tax went into effect Jan. 1.BP spokeswoman Dawn Patience said...
Alaska revenue lower due to oil prices, production

JUNEAU - The state is expecting nearly $2 billion less in oil and gas production taxes this year, which Revenue officials say has more to do with lower-than-expected oil prices and declining production than with...
State | AK legislature
My Turn: Tax reform must focus on increasing Alaska's economy

Oil production is the cornerstone of Alaska's economic foundation and an engine of opportunity for Alaskans.
Parnell talks state tourism, business at chamber event

...minutes into his 15-minute lecture that Parnell brought up the state's hot political topic, Senate Bill 21 on Oil and Gas Production Tax. The governor focused instead on an industry a little closer to home - tourism."We have definitely turned...
Alaska House adjourns, leaves gas bill unfinished gas line - were in the Senate after earlier passing the House. The call also included the issue of oil and gas production taxes, but Parnell pulled that last week, the day before the Senate adjourned.
Alaska editorial: With time right for LNG exports, Alaska has no time to lose

...regime is vital to making a large-diameter gasoline possible.Further, the current tax structure couples oil and gas production taxes and the state could stand to lose billions in revenue if gas is commercialized. Energy consultant Pedro van...
Senate to vote on oil tax bill

Less than two weeks after sinking a proposal to rewrite Alaska's oil and gas production taxes, the state Senate was set to vote on a new version of the bill Monday, day 13 of the special session. Sound off on the important...
Alaska editorial: Governor deserves praise for his efforts

...have been on the agenda years ago. That alone is a big step forward. Restructuring the state's antiquated oil and gas production tax of yesterday for the higher prices and higher costs of today and tomorrow is a good move, long overdue. The...
Lawmakers again review oil taxes

...important issues at The Republican governor for the third time this year introduced a bill replacing Alaska's oil and gas production tax with one based on 20 percent of oil companies' net profits in Alaska. He also proposes changing the state's...


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