oil and gas taxation

Opinion: Oil companies aren’t stealing your PFD

I hear it all the time: “The oil tax giveaway created our budget problems;” “We wouldn’t have a budget problem if the oil companies weren’t… Continue reading

 

Senate Majority Leader Peter Micciche, R-Soldotna, leaves the Senate Chambers after the Alaska Senate concluded the second special session of the 30th Alaska Legislature. (James Brooks | Juneau Empire)

At deadline, Alaska Legislature cuts oil subsidies to help budget

After weeks of on-again, off-again negotiations, the Alaska Legislature has cut the state subsidy of oil and gas drilling. A compromise proposal approved Saturday night… Continue reading

 

Sen. Cathy Giessel, R-Anchorage, reads one of the two versions of HB 111 dealing with oil tax credits during a Conference Committee hearing at the Capitol on Wednesday, July 12, 2017. Joining Giessel are Rep. David Talerico, R-Healy, left, and Sen. Bert Stedman, R-Sitka. The rest of the committee members was on teleconference from Anchorage. (Michael Penn | Juneau Empire)

Deal on oil subsidy cuts is near total collapse

A deal to cut the state subsidy of oil and gas drilling appears to be mortally wounded if not already dead. In a bizarre hearing… Continue reading

 

Alaska Gov. Bill Walker speaks during a news conference July 10, 2017, in Anchorage alongside Lt. Gov. Byron Mallott.(Elwood Brehmer | Alaska Journal of Commerce)

Oil deal near

Alaska lawmakers are nearing a deal to cut the state subsidy of the oil and gas industry, the first significant step to resolve a multibillion-dollar… Continue reading

Alaska Gov. Bill Walker speaks during a news conference July 10, 2017, in Anchorage alongside Lt. Gov. Byron Mallott.(Elwood Brehmer | Alaska Journal of Commerce)
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Oil bill could cost billions

The Alaska Senate’s plan to cut the state subsidy for oil and gas drilling could cost Alaska billions of dollars. That’s the conclusion of the… Continue reading

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House votes for oil industry to help resolve deficit

House votes for oil industry to help resolve deficit

When it comes to solving Alaska’s $2.8 billion deficit, the Alaska House of Representatives is asking the oil industry to pitch in. It isn’t clear… Continue reading

House votes for oil industry to help resolve deficit