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BLM OKs drilling permit in petroleum reserve

...Land Management announced Thursday that it had approved a drilling permit that would clear the way for the first oil and gas production from federal land in the National Petroleum Reserve-Alaska.The permit is for the Greater Mooses Tooth 1 project...
Drilling boom increases harmful spills

...we lose our water," Justin Johnson said, "that ruins our ranch."Their plight illustrates a side effect of oil and gas production that has worsened with the past decade's drilling boom: spills of wastewater that foul the land, kill wildlife...
Nation and World
My Turn: Why I vetoed $200 million in oil tax credits

...Alaska's fiscal situation.Under Alaska's oil and gas production tax system, an oil and gas company may receive...There are other tax credits under the current oil and gas production tax system that lower taxpayers' obligations...
Drilling OK comes just before Obama's visit stem criticism from congressional Republicans and industry officials who have often accused it of hindering oil and gas production on federal lands. At the same time, the go-ahead has upset a key base of his support."It's perplexing...
Gov. Walker seeks input to balance state budget those on fuel, fish or alcohol, don't really general significant new revenue. Increasing state taxes on oil and gas production won't move the needle much, either, Hoffbeck said.Tapping Permanent Fund earningsThe only tool that can be...
State | AK legislature
My Turn: Alaskan can safely exit the Arctic oil rapids

...price of oil must maintain a threshold price of $80 and above per barrel. The same study indicates that Arctic oil and gas production will increase significantly if the oil price crosses $130 per barrel taking into account estimated global demand...
Empire Editorial: Obama 'declares war' on Alaska

...Arctic Ocean off-limits to drilling. The Department of the Interior also could impose "additional limits on oil and gas production in parts of the National Petroleum Reserve-Alaska," reported the Post's Juliet Elperin.When it came to...
Gas line, marijuana things to watch this week in legislature issue Tuesday. Walker, in an opinion piece earlier this month, said the state is expected to pay more in oil and gas production credits this year and next than it brings in in production taxes. He has not proposed any legislative changes...
State | AK legislature
Legislature begins session; expected to focus on budget

...strongly worded opinion piece this month in which Walker said Alaska is expected to pay out $100 million more in oil and gas production credits than it takes in in oil taxes this year, Walker said he is not planning to reopen the oil tax debate...
Walker: Nothing off the table in budget talks

...billion at the end of the year.Increases in statewide costs, such as pension system payments, debt service, and oil and gas production tax credits, account for a large portion of the increases in the operating budget over the last nine years, the...


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