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State faces $3.5B deficit amid lower oil prices

...1.2 billion the following year.One of the biggest political debates in recent years was over the state's oil production tax. The tax was overhauled in 2013, a change that critics said amounted to a giveaway to oil companies.But Burnett...

http://juneauempire.com/state/2014-12-11/state-faces-35b-deficit-amid-lower-oil-
State
Walker's opening choices are hard ones

...an "owner-state," not giving in to the whims of industry.Industry groups that supported the rollback of oil production taxes championed by Parnell and his efforts to advance a liquefied natural gas project are anxious to see how the incoming...

http://juneauempire.com/state/2014-11-30/walkers-opening-choices-are-hard-ones
State
Juneau shouts 'Yes' as Alaska screams 'No'

...tallying votes cast in Tuesday's statewide primary. Ballot Measure 1, which would have repealed the state's oil production tax reform, appears to be bound for failure.With all 441 precincts reporting results, "No" was outpacing "Yes...

http://juneauempire.com/state/2014-08-21/juneau-shouts-yes-alaska-screams-no
State | Local
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...

http://juneauempire.com/state/2014-07-10/big-oil-almost-erases-decline-fy-2014
State
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...

http://juneauempire.com/opinion/2014-07-08/my-turn-be-careful-what-you-vote
Opinion
The history of oil wealth

...publication of the University of Alaska Anchorage's Institute of Social and Economic Research, "Comparing Alaska's Oil Production Taxes: Incentives and Assumptions" by Matthew Berman.MAPA was presented to Alaskans as an answer for declining drilling...

http://juneauempire.com/state/2014-08-15/history-oil-wealth
State
US Senate race draws focus in Alaska primary

...GOP powerbrokers.The other high-profile question on the ballot is a referendum to overturn the state's new oil production tax. Supporters of the new system see the tax cuts as a way to boost investment and production, while critics deem...

http://juneauempire.com/state/2014-08-19/us-senate-race-draws-focus-alaska-prima
State
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...

http://juneauempire.com/state/2014-06-01/slope-drilling-reached-record-level-201
State
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...

http://juneauempire.com/state/2014-05-29/native-corps-join-oppose-sb21-repeal
State
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...

http://juneauempire.com/state/2014-05-29/parnell-signs-budget-bills-makes-no-vet
State

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