With only a 90 day session, I have to wonder about some legislators still working on Gov. Sean Parnell’s oil tax give away, SB 21, and pushing the bill.
We have seen the information in the Juneau Empire and heard how there are no promises from the oil companies for new exploration or increasing production from the current fields. Governor Parnell said the bill is needed to increase oil production. Here are some of the facts as cited by Sen. Bill Wielechowski that contradict the governor.
1) The number of workers on the North Slope is at an all time high (over 13,000).
2) Investments are at an all time high (over $2.4 billion)
3) The oil companies had $35+ billion in profits from Alaska oil since ACES passed.
4) According to Governor Parnell’s consultants, investments in new wells within existing legacy fields (like Prudhoe) yield estimated returns of about 123% on Alaska oil.
Isn’t $35 billion in profits (remember that is money after expenses) enough? It sounds like ACES is good for both the oil companies and the State of Alaska.
Gary Miller
Juneau
Comments (3)
Add commentGary
The answer to your question is: No. There is never 'enough' with that crowd.
Greed reigns supreme. Money is their god. Sean Parnell is their alter boy.
It doesn't take a scientist to know that this is a bad deal
The fact that Alaska will loose its progresivity tax will be detrimental to the state's GF. It's obvious the bill will go through. The Parnell Administration is already cutting costs at the expense of the poor and state employees as evident blistering cuts on healthcare and the horrid "tier V" contracts.
What to do now
http://www.themudflats.net/?p=36598
Here is a list of the Senators who voted to sell your future. Tell them what you think, and urge them to change their vote.
Senator Click Bishop – 800-336-7383 <—– Potential swing vote
Senator John Coghill – 877-465-3719
Senator Mike Dunleavy – 907-465-6600
Senator Fred Dyson – 800-342-2199
Senator Anna Fairclough – 800-861-5688 <—- Most outspoken in favor
Senator Peter Micciche – 800-964-5733 <—-ConocoPhillips employee
Senator Cathy Giessel – 800-892-4843 <—- Chair of Resources Committee
Senator Charlie Huggins – 800-862-3878 <—- Senate President
Senator Pete Kelly – 907-465-3709
Senator Lesil McGuire – 800-365-2995 <—- Should know better
Senator Kevin Meyer – 866-465-4945 <—- ConocoPhillips employee