3-20-12

While we are tethered to our faithful readers this morning via sattelite from a boat near Cozumel, we neverthe less think of you and provide this investment climate update courtesy of Resource Development Council for Alaska.  -dh Yesterday, the Senate Finance Committee heard public testimony on CSSB 192, which made only minor, inconsequential changes to Alaska's current punitive oil tax structure. Of the Alaskans who testified, an overwhelming majority opposed CSSB 192 and voiced their support for meaningful reform to the tax structure that will result in the investment needed to reverse the production decline [...]