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Citizens petition for voter referendum on oil tax change

...120 per barrel is assumed, the revenue loss climbs to $800 million. Similarly, in fiscal year 2018, if a $100 per barrel oil price is used the adverse revenue effect if $375 million. If $120 per barrel is assumed, the adverse effect is...

http://peninsulaclarion.com/news/2013-07-20/citizens-petition-for-voter-referend
News
Senate unveils oil tax plan

...intended to stay fairly constant. Analysis presented by legislative consultants PFC Energy on Tuesday ran up to $200-a-barrel oil. North Slope crude ended Monday at about $122 a barrel. According to a fiscal year 2013 snapshot by PFC Energy, total...

http://peninsulaclarion.com/news/2012-04-04/senate-unveils-oil-tax-plan
News
Is special session necessary?: PPT producing more state revenues, helping independent producers

...replace the PPT. The governor's proposal would increase the total government take to 68 percent, based on a $60/barrel oil price and would make Alaska's tax rate the highest in North America and among the highest in the world. Maybe I'm...

http://www.peninsulaclarion.com/stories/101507/oped_4235.shtml
Chenault: Oil tax session might extend

...voting for the 22.5-percent compromise in 2006. "But at the time I don't think any of us predicted $90-a-barrel oil, so I certainly think the progressivity issue is an issue that needs to be addressed." Progressivity refers to legislative...

http://www.peninsulaclarion.com/stories/110607/news_3346.shtml
News
Industry, Revenue challenge Senate oil plan

...change. That means at $120-a-barrel oil, Alaska would lose $2 billion in...problem for companies at $100-a-barrel oil and that the focus should be on adjusting...companies using more than $120-a-barrel oil to plan projects. Charts done by...

http://peninsulaclarion.com/news/2012-04-07/industry-revenue-challenge-senate-oi
News
Senate passes oil tax bill

...take would be around 64-66 percent for new field production at various cost-to-produce scenarios at $120-a-barrel oil. Under the current tax structure, government take at the same price point and scenarios would be 77-78 percent...

http://peninsulaclarion.com/news/2012-04-14/senate-passes-oil-tax-bill
News
BP works to reassure Alaska

...to boost productivity - not cut budgets, he stressed - so that the company is "cash flow neutral" at a $50 per-barrel oil price. That means revenues would cover the company's expenditures for operations, maintenance and renewal of infrastructure...

http://www.peninsulaclarion.com/stories/063010/new_612352559.shtml
news
Olson's committee pushes for substitute

...original bill after barrel of oil reached the $78-$80 range. For example, under the current PPT law, $87-per-barrel oil generates $4.026 billion. The original ACES bill would have garnered $4.538 billion at that price, while the...

http://www.peninsulaclarion.com/stories/103007/news_4435.shtml
News
Lawmakers assay their first month

...Kurt Olson, R-Soldotna, said he has another big concern about the next budget. "It's based on $72-per-barrel oil," he said. "We are now at about $90 per barrel, but it sure wouldn't take much to drop us into a deficit position...

http://www.peninsulaclarion.com/stories/020508/news_4134.shtml
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