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What others say: Population decline not portent of disaster, but state needs to pay attention

...reasons for the net loss of a few dozen Alaskans are relatively easy to pinpoint. Since the late 1980s, Alaska's oil production on the North Slope has been declining. The trans-Alaska oil pipeline now transports a fraction of the crude that...
AIDEA approves $30 million deal for Cosmo development

...deposit is about three miles offshore Anchor Point, which is north of Homer on the east side of Cook Inlet. The oil production wells drilled into Cosmopolitan's oil reservoir will be high-angle wells drilled laterally from an onshore pad...
Voices of Alaska: Don't blame oil tax reform for budget deficit

...result of low oil prices, low oil production and overspending, not oil tax...oil taxes to stop the decline of oil production.We spent an additional year...Alaska is to increase new and old oil production, resulting in increased royalties...
Inlet rebound comes at cost to state during price plunge

...consultants to the state Legislature say in a report.Since the state budget is 90 percent dependent on North Slope oil production revenues, this also means that, in effect, the big producing companies on the Slope are paying for the Cook Inlet...
What others say: Bills would leave projects in limbo

...the two bills.It's difficult to argue in this extraordinarily difficult fiscal time, brought on by declining oil production and a plummet in the price of that oil, that this program should be spared. Lots of programs are going to be reduced...
Bill passed limiting state entity in alternate gas plan

...spending on the gas line.Many see a major gas project as critical to state efforts to shore up revenues amid declining oil production, create jobs and provide energy for Alaskans.Walker has said he's had high-level discussions with the oil and...
Walker: Medicaid expansion, Interior energy bill must-haves

...additional revenues, it makes adjustments to the budget.For now, he said he is not planning to revisit the state's oil production tax, which was overhauled in 2013 and withstood a referendum last summer.The prior tax system was credited with...
Upsized ASAP may rattle AK LNG Project

...officials Feb. 23 on what an opening of the coastal plain of the Arctic National Wildlife Refuge might do for new oil production and revenues to the state treasury.ANWR isn't likely to be opened for oil and gas exploration anytime soon, and...
Hoffbeck talks gas line during confirmation hearing

...A major gas project is seen by many as this oil-dependent state's next best shot for significant revenues as oil production declines.Hoffbeck said having an alternate project would level the playing field with the companies, which have...
North Slope crude prices down since July

...nervously watching North Slope oil production and hoping for an uptick.They've...better off under the state's new oil production tax, the More Alaska Production...Revenue Department.Rodell said oil production on the Slope is also picking up...


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