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Gubernatorial candidates wage end push

...candidate Sarah Palin recently endorsed Walker instead of Parnell, her former lieutenant governor who backed a reduced state oil-industry tax system that replaced Palin's signature system established with the help of Democratic lawmakers.Parnell...
My Turn: SB21 myths are 'baloney marinated in oil'

...will increase throughput, saying, "This is baloney marinated in oil." "Petroleum economists generally counsel that state oil taxes have no effect on production decisions, which are guided by the world market price," says Hiltzik." He concludes...
Slope drilling reached record level in 2014

...number of 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...
Native corps join to oppose SB21 repeal

...Measure 1 on the 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...
Oil company seeks to export Yukon crude from Skagway

...export crude oil to a refinery in Washington state.Northern Cross, an independent oil producer with backing from Chinese state oil company CNOOC, has been investigating the Eagle Plains area along the Dempster Highway north of Dawson City for almost...
Lawmakers, bill reflect on Valdez spill

...of our diet is from the ocean," Munoz said, later adding, "We want to be ready so we never face that again."The state oil and hazardous substance release prevention and response fund has two accounts - one for prevention and one for response...
Draft proposes gas tax rate, subsidiary change

...Kelly said that would give the state a 25 percent share in the proposed mega-project. An agreement signed by the state, oil and gas companies, pipeline company TransCanada Corp., and AGDC - setting out broad terms for moving forward with...
State | AK legislature
My Turn: Real facts on oil tax reform

...2013, the legislature passed SB21. After its passage, the Department of Revenue predicted a $2 billion reduction in state oil revenues for 2014. Critics of SB21 called it a "$2 billion giveaway." Signatures were gathered for a referendum to...
Criminals' dividend checks may go to victims' fund

JUNEAU - The Senate State Affairs Committee has advanced a bill calling for the annual state oil wealth disbursement checks of those incarcerated to go first toward victim compensation.The bill sponsored by Sen. Fred Dyson...
State | AK legislature
BP drilling increases 30% in 2013, more planned for '14

...bigger percentage than we did previously, an increase from 60 percent from previous years under ACES," the previous state oil tax law, Weiss said.The new investment is coming none too soon."Of the 13 oil-producing U.S. states in 2011...


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