Today's Alaska Headlamp Is An Example Of Useful, Practical Commentary Crunch time, industry at risk. Under a rewrite of HB247, currently pending in the House Rules Committee, current oil and gas tax credits in Alaska would be phased out by 2020. A summary of the rewrite states that in addition to phasing out nearly all credits by the start of 2020, a tax break for North Slope oil produced from newer fields would be limited to 10 years once regular production starts, rather than being a timeless benefit. Democrats don't [...]