Senate President Supports High Oil Taxes – Tom Brennan Offers Economics 101 For Legislators Who Listen….
Comment: Anchorage Daily Planet's Tom Brennan (NGP Photo) has offered the Alaska Senate an important lesson on Alaska oil investment economics 101. We have already commented at length on the importance of moderating Alaska's predatory oil tax investment climate. Senator Stevens' approach (below) is obviously to sqeeze every drop of blood possible out of today's turnip, leaving no incentive for investors that would sustain an economy for future generations of Alaskans. Between Stevens' anti-investment climate position and Obama's job killing policies Alaska's economy this week is much closer to the [...]