...testing our response to the main arguments in favor of Senate Bill 21 which recently passed our legislature. SB 21 gives oil producers billions in tax breaks with no benchmarks to meet, or timely review of how much new oil they are actually finding...
...shallow gas reserves in the area."Basically the leases that we have include deep oil," she said. "We're not an oil producer in Cook Inlet, we're a gas producer. We evaluated the potential and determined it doesn't compete in our portfolio...
...production businesses generate revenue, create jobs and help fuel our economy. Alaska now ranks as the nation's No. 3 oil producer, dropping behind North Dakota and barely ahead of California. We need to adopt tax policies that attract investment...
...comprised of 10 Democrats and six Republicans, which has blocked Gov. Sean Parnell's efforts to lower taxes on oil producers.The Senate the past two years has blocked efforts by Gov. Sean Parnell to pass bills lowering taxes on oil companies...
...to raise the 20-foot barrier another 15 feet. Drift River, along with the Christy Lee loading platform, allows oil producers to store crude oil in tanks and pump it into tankers that haul it across the inlet to the Tesoro processing facility...
...a critical piece of Cook Inlet oil infrastructure. Drift River along with the Christy Lee loading platform allows oil producers to store crude oil in tanks and pump it into tankers that haul it across the inlet to the Tesoro processing facility...
North Slope oil producers have laid out their vision of what's possible with new oil development if the state Legislature makes changes in the state's...
...executives from PFC Energy testified that ACES' progressivity feature, which increases the amount of tax owed by an oil producer as the price and profit from a barrel of oil increases, is the second highest among developed countries, making it...
...and induces and no meaningful new production would come from this bill. It's a minor tax reduction that has the oil producers saying no thank you. SB 192 is a timid reduction that will not jump start projects identified by the companies. Alaskans...
Major Alaska oil producers presented a pessimistic picture of the North Slope production outlook during presentations to the Resource Development Council's...
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