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Alaska faces $3.5 billion deficit amid lower oil prices

...2017, up from the forecast 509,500 barrels per day for the current fiscal year.The expected drop in the oil and gas production tax is sharp, from $2.6 billion last year to about $520 million this year. The tax is expected to bring in...
District O candidates square off

...direction. Both were asked how they would vote on Ballot Measure 1, the referendum to repeal Senate Bill 21, the oil and gas production tax. Micciche said to stay competitive with other oil and gas producing states something had to be done and Alaska's...
ISER backs Revenue on tax impact

...on the university's Institute of Social and Economic Research website, as Web Note No. 17, "Alaska's Oil and Gas Production Tax: Comparing the Old and the New."While the new tax law might impose higher taxes on companies in some years...
"Closer Look" at the More Alaska Production Act

...with opinions and arguments on just what the More Alaska Production Act, as SB 21 has become known which is the oil and gas production tax passed by the legislature and signed into law by Governor Parnell, will or won't accomplish. A petition to...
Seaton, Diament debate the issues

...first question asked the candidates if they were comfortable with ACES, Alaska's Clear and Equitable Share oil and gas production tax, or would they support change to a system based more on investment or production.Believing ACES to be "a...
Energy issues to dominate 2010 legislative session

...controversial proposals that they voted for, like Palin's Alaska Gasline Inducement Act and her changes to the oil and gas production tax, may affect the outcomes of the open seasons. Other energy issues are high on the Legislature's priority...
90-day session hastens Legislature's work rate

...House Bill 308, Anchorage Republican Rep. Craig Johnson's bill that would roll the top tax rate in the state oil and gas production tax back to a level similar to what former Gov. Sarah Palin proposed in 2007. Palin's tax proposal was altered...
Crunch time in Juneau: With two weeks to go, tensions build in Capitol

...Some major legislative priorities appear to be falling by the wayside. An effort to reduce the tax rate in the oil and gas production tax appears already to be a casualty of the short 90-day session. Rep. Craig Johnson, R-Anchorage, has sponsored...
Lawmakers prep for 1st full week

...Monday will open its first full week of work this session with a crime summit and bills addressing the state's oil and gas production tax and pensions among the highlights. Lawmakers also plan to hear a bill that would ban texting while driving and...
Analysis: 2013 a pivotal year for oil and gas

...and declining, North Slope oil fields, the Legislature will consider once again a reform of the state's oil and gas production tax. Gov. Sean Parnell argues the tax is too high compared with other producing regions and is impeding the industry...


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