Refine Search

Voters take up oil tax debate before August referendum

...but it's not what attracts new investment."He backed that statement by highlighting the fact that North Slope oil production has declined steadily since 1989 under numerous tax regimes.When dealing with large corporations that do business...
State must diversify economy or be bound to fossil fuel prices

...repealing the oil tax reforms would cripple the state's economy and undo progress made in stemming the decline of oil production on the North Slope. The two sides disagree on nearly every major tenet of the measure's effects. They disagree...
Exploration work to resume at Cosmopolitan prospect

...the horizontal wells led ARCO to sell Cosmopolitan to Pioneer Natural Resources, which drilled its own horizontal oil production tests and also encountered problems with flowing the oil. BlueCrest and Buccaneer acquired the property in 2012 and...
Voices of Alaska: 'Giveaway' sound bite a dangerous distraction

...May, ISER published the report funded by Northrim Bank and written by Dr. Scott Goldsmith entitled, "Alaska's Oil Production Tax: Comparing the Old and the New" which has been placed in the center of the debate to repeal the new oil tax...
New gas platform for Cook Inlet now en route from Texas

...offshore production facility installed in Cook Inlet since the mid-1980s when Forest Oil Corp. installed the Osprey oil production platform at the Redoubt Shoal field on the Inlet's west side.The company's quest to drill and develop the Kitchen...
Parnell signs budget bills, makes no vetoes

...Alaska relies heavily on oil revenue to fund state government operations and the Legislature last year passed an oil production tax-cut, championed by Parnell, as a way to encourage more investment and production. Critics say it's a giveaway...
Les Gara: SB 21 contains troubling provision

...speaking up. Repealing SB 21 will tell legislators to write a law that provides a fair share for our oil, and effective oil production incentives. Allowing corporations to take the billions they'll get from a reduced Alaska share, to spend on their...
Firefighters keep Tyonek blaze away from oil and gas facilities

...or pipelines, Nelson said. Hilcorp operates gas production at its Ninilchik and Kenai fields on the Peninsula and oil production at the Swanson River field. Meanwhile, an Interior Alaska fire near the Yukon River bridge presented a threat to...
ISER backs Revenue on tax impact

...but his new study comparing Senate Bill 21, the oil production tax regime enacted by the Legislature in 2013, with...leaving Alaska because of ACES, and that the decline in oil production from the North Slope was accelerating.Since the...
No more second chances; build the gas pipeline

...expected any sooner than 2024, according to current estimates.In the next decade - barring an unexpected rise in oil production - Alaska could dig itself a deep financial hole.A gas pipeline is a rope out of this hole. Natural gas revenue...


  • 150 Trading Bay Rd, Kenai, AK 99611
  • Switchboard: 907-283-7551
  • Circulation and Delivery: 907-283-3584
  • Newsroom Fax: 907-283-3299
  • Business Fax: 907-283-3299
  • Accounts Receivable: 907-335-1257
  • View the Staff Directory
  • or Send feedback