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Oil taxes debated on Senate floor

...rewrite of Alaska's oil production tax, which the Legislature passed last year. The state is better protected at lower oil prices under the new law and the new system would yield more revenues if prices continued to fall than under the former tax...
Voices of Alaska: Budgeting with Alaskan opportunity in view

...better secure Alaska's future.Finally, in this lower oil price environment, Alaskans are better protected with the...fiscal year.Besides gaining better protection at lower oil prices under the MAP Act, Alaskans are seeing new opportunities...
What others say: Paying down debt the right course to follow

...the most recent legislative session. He expects oil revenue to be about the same as the old tax system because of lower oil prices. But, if prices increase, then the revenue would, too.Legislators and others opposed to last session's oil-tax...
State releases revenue forecast

...1 billion in fiscal year 2013 and $1.7 billion in fiscal year 2015.Revenue Commissioner Angela Rodell said lower oil prices are expected to continue having the largest impact on the state's revenue picture. The forecast is based on an...
Parnell wants reduced spending in next budget

...Parnell said revenues are expected to be lower because of lower oil prices and declining production - not because of the new oil...comparable to that of the old system because of the lower oil prices. If prices continue to drop, he said his message...
Voices of Alaska: Changes to oil tax encourage production

...our economic growth is now threatened. We're facing a $2 billion deficit. This deficit is the direct result of lower oil prices and decreased production. The claim that this deficit is a result of the new tax structure is a myth. The deficit...
Without cuts, Alaska faces budget deficit

...Finance Division report offers a sobering look at the state's fiscal situation amid declining oil production and lower oil prices. It was released a day before the start of the new legislative session.The price of oil would have to be an estimated...
Legislators wrestle with complexity of oil taxes

...producing fields.However, the companies say the new version of the tax doesn't solve the problem of higher taxes at lower oil prices. The Senate Finance committee, which now has the bill, is wrestling with how to assemble the various elements of...
Op-ed: Alaska's oil comeback has begun

...from Alaska's massive resource basin on the North Slope. We worked to ensure Alaska's treasury is not exposed at low oil prices to making tax credit payments without the revenue to cover them. And, we made the State more competitive when oil...
Positives, negatives to be found in Parnell's oil tax pitch

...incentives for legacy fields to offset the high cost of operating in Alaska and would constitute a tax increase at lower oil prices.Jepsen, vice president of external affairs, said his company would invest more in Alaska in the right environment...


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