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Cook Inlet oil production up 25 percent

...acquired from others."Increased capital investment in the Cook Inlet fields has yielded higher employment and increased oil royalty revenue," Balash said in a statementThe increase in activity has also led to new natural gas reserve additions, providing...
Tesoro to purchase royalty oil from state delivery of actual oil and gas, or in value, or payments in cash.Traditionally the state has taken much of its oil royalty in kind, about half, to ensure that in-state refiners have a supply of crude oil."Some portion is always taken...
School fixes take time to pay dividends

...age from 16 to 18. Plans are in motion to pay for Parnell's proposed merit scholarship program using funds from an oil royalty account. A push for pre-kindergarten programs also appears to be gaining momentum. These all are ideas worth serious...
Alaskans need to speak out: PPT issue affects all residents; representative seeking input

...take may, at first, seem unreasonably high. But Alaska's royalty is not a tax. Rather, it's exactly like the oil royalty paid to a private land-owner in Texas. A royalty is not a tax any more than the royalty that an author receives from...
Voters rejecting changes in oversight of state boards

...members of the Permanent Fund board when they took office, installing their own choices to oversee the state's massive oil-royalty savings account. Halford contends such sudden upheavals are bad policy for the management of one of the state's...
Fiscal Policy Caucus begins to sharpen pencil to a finer point

...865 million short this fiscal year and the deficit is expected to grow to $1.1 billion by fiscal 2003. A drop in oil royalty revenues -- which accounts for about 80 percent of the state's income -- has required lawmakers to use the state's...


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