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New analysis: Oil tax overhaul would cost state up to $5.7 billion

...have been billed as worst-case scenarios, given that the goal of the tax cut is to increase production.Oil company representatives have said the plan would make Alaska more competitive and should lead to more production, but they have not...

http://peninsulaclarion.com/news/2013-04-10/new-analysis-oil-tax-overhaul-would-
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