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Big Oil almost erases decline for FY 2014

...operated by ConocoPhillips and North Star field operated by BP began producing.Passage of a change in the state's oil production tax in 2013, in Senate Bill 21, is being credited for increased activity on the Slope, but a leading critic of the...
My Turn: Be careful what you vote for

...Measure 1, voters should be very careful about believing everything they read. A "yes" vote will reverse the new oil production tax of Senate Bill 21 and put the Sarah Palin-era ACES back in place. A "no" vote will retain SB21. Proponents...
My Turn: $2B 'giveaway' sound bite is dangerous distraction

...May, ISER published the report funded by Northrim Bank and written by Dr. Scott Goldsmith entitled, "Alaska's Oil Production Tax: Comparing the Old and the New," which has been placed in the center of the debate to repeal the new oil tax enacted...
Native corps join to oppose SB21 repeal

...August primary election ballot. The ballot measure would repeal Senate Bill 21, a bill restructuring the state oil production tax passed by legislators in 2013."We are a coalition of local Alaska companies with our eye on the future as Alaskans...
GOP Lt. Gov. candidates appear at forum

...noting, among other things, her support for efforts to spur development in Cook Inlet and passage of last year's oil-production tax cut. She also has a history of working across party lines, she said. If elected, she wants to work to increase...
Slope drilling reached record level in 2014

...rigs active in the winter of 2010-11, when the weekly average was just 6.During that period the previous state oil production tax known as ACES, or Alaska's Clear and Equitable Share, was in effect.The data indicates that prior to the Legislature's...
Parnell signs budget bills, makes no vetoes

...Alaska relies heavily on oil revenue to fund state government operations and the Legislature last year passed an oil production tax-cut, championed by Parnell, as a way to encourage more investment and production. Critics say it's a giveaway...
Majority Democratic senators unhappy about oil tax reform bill

...proposal to reform Alaska's oil production tax structure.Democratic Sens...the progressive element in the oil production tax structure, leaving a base production...level of progressivity in the oil production tax should be reduced but not eliminated...
Parnell: Focus on progressivity 'takes things out of context'

...progressivity from Alaska's oil production tax structure - attention to a detail...structure such as ACES, the current oil production tax regime, generates more revenue...B. 21 would leave the base oil production tax rate of 25 percent in place...
Floor of Alaska Senate breaks out into oil tax debate

...the state would want to do.Giessel said there is new activity on the North Slope under the rewrite of Alaska's oil production tax, which the Legislature passed last year. The state is better protected at lower oil prices under the new law and...
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