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Walker reduces amount available for oil tax credits

...Walker's decision on the smaller companies that the state has been trying to attract in an effort to stem the decline in oil production. She said she looks forward to discussions on the credit issue and Alaska's fiscal future.Revenue Commissioner...
What others say: Reserve funds transfer would hurt state's future fiscal options

...government is to draw from general fund revenue - money that comes in each year from leases of oil and mineral rights, oil production revenues, license fees and so forth. But when those revenues are insufficient to cover the cost of government...
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...
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...
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...
Voices of Alaska: The hard truth about our oil revenue

...encourage investment that will, it is hoped, increase oil production. Once all the credits are factored in, our production...control our resources. I think we can all agree that an oil production tax that nets negative returns to the state does not...
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...
Voices of Alaska: A new Congress brings new hope for Alaska

...tireless advocate for Alaskans - on a life-saving road for King Cove, increased access to our federal lands, offshore oil production, monetizing our natural gas resources, the responsible development of the Arctic coastal plain, and more - except...
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...


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