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State releases oil tax regs

...session. Metering would be used to calculate one of the most contentious types of oil that qualifies for tax breaks: oil coming from acreage that's added to existing producing reservoirs.Companies seeking a tax break for this type of oil would...
State | AK legislature
Senate passes oil tax bill in tight vote

...where we've been."However, Stedman said that he could not support the bill, mentioning the production tax cut for oil coming out of "legacy fields" - established oilfields like Prudhoe Bay and Kuparak - as a reason."My concern is we are...
Oil tax struggle begins anew: Production must grow; tax cut can lure investment

...of the nation's oil-producing states, in part due to increases elsewhere, but also due to the continued drop in oil coming from up north.Alaska needs to do something to spur increased oil production. That much is clear.Should Alaskans...
Don't understand oil deal

...amendment to the National Energy Bill that will eliminate both the federal and state payment of oil royalties from any oil coming out of NPR-A. Gov. Murkowski endorsed this in writing according to the Nov. 15 Fairbanks Daily News-Miner. This...
BP Exploration settles tax dispute and agrees to pay state $18 million

...obligation for 2000 and 2001. BP and the state disagreed over the amount BP should pay in production taxes from North Slope oil coming from Prudhoe Bay and several smaller fields at Kuparuk, Endicott, North Star and Milne Point. "This agreement represents...
Oil and gas are the bridge to clean energy demands. Alaska is - and in future decades will continue to be - an oil state. It produces about 8 percent of all oil coming from U.S. wells, second only to Texas. Even still, no other state has the potential to provide as much secure energy...
North Dakota's oil boom isn't about low taxes

...revenue in the coming decades." But that's not an Alaskan voice. It's a state senator from North Dakota. The oil coming out of North Dakota's ground is from reserves that have been known to exist since the 1950s. But the boom they're...
Activist faces lobbyist in House District 5 race

...recently hit record highs of more than $50 per barrel. "There are 15 outlying (oil) fields supplying more than half the oil coming through the pipeline," he said. "And 11 of the 15 are paying zero severance tax." Thomas said he supports reviewing...
Study: ANWR crude may be high quality

...will have an impact on other refiners. "And low-sulfur crude from ANWR will reduce the overall sulfur content in the oil coming down the trans-Alaska oil pipeline because it will be commingled with Prudhoe oil," Cason said.
Alaskans sound off on offshore drilling

...responsible" development of conventional fuels when testifying. Palin warned against the country's dependence on foreign oil coming from "dangerous regimes." With production falling on the North Slope, the amount of oil carried in the trans-Alaska...


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