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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...
Parnell signs budget bills, makes no vetoes

...repeal 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...
Les Gara: SB 21 contains troubling provision

...It 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...
State budget a work in progress version.That said, it is shaping up to be a more frugal capital budget than in recent years, when revenue from high oil prices boosted state coffers. The state's revenue forecast predicts a decline in the coming year, and the governor...
State: SB 21 is tax reform, not tax break

...structure that allows Alaska to share in the benefit of high oil prices.Mike Pawlowski, an oil and gas adviser for as oil production continues to decline. She said the high oil prices in 2008 that allowed Gov. Sarah Palin to propose...
State Democrats unveil another oil tax plan

...338, in their respective chambers - would reinstate a progressivity formula that was in the ACES tax but reduce it at higher oil prices and cap it at about $192.50 a barrel under current estimates, according to a fact sheet."We do bend the...
What others say: Recent savings saves state budget consolidating small fields into Prudhoe Bay for taxation purposes. In 2006, he and the Legislature agreed on new higher oil taxes, the petroleum profits tax.In the wake of the Veco corruption scandal, the Legislature revisited the oil taxes...
Oil tax reform keeps Alaska in the game

...while production is up everywhere else in the nation. ACES caused Alaska to miss out on the oil boom brought about by high oil prices.That should concern every Alaskan interested in good jobs, a sound economy and a bright future. It certainly...
Port Mac on schedule, if funding keeps flowing

...state is currently counting on the unsecure future of federal spending, oil flow through the pipeline and near-record high oil prices.To date, the rail project has received $146 million in state appropriation funding and approval for another...
House District 29: Kurt Olson: The challenges of oil taxation

...oil fields in Western Canada.Most of our efforts have been focused on improving our tax climate - we have one of the highest oil taxation systems in the world. We cannot control the limited drilling season on the North Slope, the harsh weather...


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