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Alaska Senate advances trans-Alaska gas pipeline proposal

...through our oil taxes," Wielechowski said. That proposal failed on a 4-14 vote.Amendments that would have changed oil tax rates, reduce the state's risk in the project by changing the terms of the agreement with TransCanada and install a project...
State | AK legislature
My Turn: Norwegian oil wealth

...Eskofisk Oil Field", "Prudhoe Bay Oil Field" and "List of Oil Fields") I've also read that Norway's oil tax rates have been and continue to be higher than Alaska's, even under the current Alaska law (ACES - Alaska's Clear and...
Wielechowski defends ACES at Native forum

...collection of oil producers in Africa, the Middle East and South America.OPEC countries typically have a higher effective oil tax rate than OECD jurisdictions, and many suffer from political instability as well or have economic policies that are unfriendly...
Senators preparing for oil tax bill vote other oil-rich jurisdictions, including North Dakota, Texas and Alberta, Canada, which have lower effective oil tax rates than Alaska does."It's a risk," said Meyer of the proposed reform. "I mean, we can do nothing and continue...
Parnell issues 'action alert' over oil tax bill

...oil.Parnell and other proponents of the legislation argue that the proposed reform is necessary to bring Alaska's oil tax rate more in line with that of Alberta, North Dakota, Texas and other major oil producers.
Oil tax rates: the strange case of Norway

Two recent news items out of Norway caught my attention. The first happened April 30 when Governor Parnell went there to discuss tax policy. The second was the announcement on May 6 that Norway had decided to make a change to its oil tax laws.
Special Session

...answers and debate the issues. Topping many lawmakers' lists is the provision in the contract that would lock in oil-tax rates for 30 years and gas rates for 45 years. Producers say they cannot decide if they will have the money to pursue the...
Lawmakers fear state will pay

...and gas issues. Under the proposed restructuring of oil tax rates, the state stands to earn $2.7 billion each year...credits. The newest version of the legislation sets the oil-tax rate at 25 percent, but depending on the amount of investments...
Juneau's unopposed delegation outlines their agendas

...of the same issues as Munoz, but not always on the same side. Kerttula said she expects oil and gas issues, both oil tax rates and natural gas pipeline development, to be active issues in the next session. While she'd be open to some changes...
Legislative expert warns of oil tax flaws

...Budget & Audit Committee to analyze oil and gas issues. Under the Alaska's Clear and Equitable Share oil tax law, oil tax rates go up by 0.4 percent per dollar of the oil's wellhead value, above a certain amount. The oil tax it replaced...


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