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What others say: When is it time to talk revenue?

...We agree, for the most part, though the state's spending did balloon to unsustainable levels thanks to years of high oil prices and the naivete they would never again fall.It's too late in this session to talk revenue, regardless of various...

http://peninsulaclarion.com/opinion/2015-04-29/what-others-say-when-is-it-time-t
Opinion
Industry wary amid shakeups

...the cost," Minge said. "Without this the economics of some of the workovers wouldn't have made sense, even at high oil prices, so this is a solution that will increase production over the life of the field."

http://peninsulaclarion.com/trends/2015-02-23/industry-wary-amid-shakeups
Trends
Voices of Alaska: Don't blame oil tax reform for budget deficit

...substantially worse. Here's why:SB 21 raised the base tax rate but eliminated progressivity so taxes are lower under high oil prices but the state collects more revenue when prices are low. With oil less than $50/barrel, that means Alaska is...

http://peninsulaclarion.com/opinion/2015-01-28/voices-of-alaska-dont-blame-oil-t
Opinion
Alaska faces lean budget times as oil prices fall

...director of the Legislative Finance Division.Alaska is no stranger to oil's booms and busts. In the last few years, high oil prices helped insulate Alaska from the brunt of the recession felt acutely elsewhere.Unemployment hit a high of 11.5...

http://peninsulaclarion.com/news/2015-01-18/alaska-faces-lean-budget-times-as-oi
News
Voices of Alaska: The hard truth about our oil revenue

...magnifies the state's losses at low oil prices. The last oil tax rewrite occurred during a period of sustained high oil prices, and there was little consideration given to the low-price scenario. I remember when my parents and their neighbors...

http://peninsulaclarion.com/opinion/2015-01-08/voices-of-alaska-the-hard-truth-a
Opinion
Gov: Unsustainable for tax breaks to exceed oil tax revenue

...magnifies the state's losses at low oil prices. The last oil tax rewrite occurred during a period of sustained high oil prices, and there was little consideration given to the low-price scenario."Alaska voters in August upheld the tax...

http://peninsulaclarion.com/news/2015-01-08/gov-unsustainable-for-tax-breaks-to-
News
Q&A: Alaska House of Representatives

...Alaskans wanted revenue diversification measures passed in deficit years 2003-06 rolled back as soon as we had high oil prices and an oil tax structure that gave us a surplus. For example, the business tax was cut in half, the lowest gasoline...

http://peninsulaclarion.com/opinion/2014-10-29/qa-alaska-house-of-representative
Opinion
ACES is better for Alaskans

...supported by the Alaska Department of Revenue: Revenue Sources Book, fall 2013. SB21 will lose billions for Alaska at high oil prices and even at current oil prices with escalating expenses. Additionally, North Slope oil leases need to be enforced...

http://peninsulaclarion.com/opinion/letters/2014-07-31/aces-is-better-for-alaska
Letters
Parnell signs budget bills, makes no vetoes

...the oil tax. Wielechowski, for example, favors returning to a tax structure that captures more for the state at higher oil prices. A referendum on the oil tax is scheduled for August.Parnell, for his part, told the Rotary group the best facts...

http://peninsulaclarion.com/news/2014-05-28/parnell-signs-budget-bills-makes-no-
News
Les Gara: SB 21 contains troubling provision

...concedes SB21 would have reduced Alaska revenue by over $1 billion/yr. if it were in place at 2012 and 2013's higher oil prices. SB 21 should be replaced by a law letting Alaskans share fairly when high prices create staggering corporate profits...

http://peninsulaclarion.com/opinion/2014-05-20/les-gara-sb-21-contains-troubling
Opinion

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