5-30-16 Investors Wary Of Alaska

Yesterday we posted this article: The latest showdown in the Legislature's interminable oil tax fight has loomed large in the extended session, with Senate Republicans and a bipartisan group of House members at odds over limiting Big Oil tax credits.  (Click for link) Today, one of our out-of-state readers reports: "I am still owed money ...that was linked to the State paying its ACES rebates.  ... not come through nearly 1.5 years after money was spent on exploration ... and the behaviour of the relevant Department in processing what should be a simple [...]

By |2016-12-22T22:27:14-09:00May 30th, 2016|Uncategorized|0 Comments

5-29-16 Alaska Fiscal Crisis Continues – Oil Is Center Stage, As Usual

ADN, by Nathaniel Herz.   The latest showdown in the Legislature's interminable oil tax fight has loomed large in the extended session, with Senate Republicans and a bipartisan group of House members at odds over limiting Big Oil tax credits. The House coalition says rising oil prices won't fully restore the ravaged Alaska treasury as long as those credits are in place. Senate Republicans, backed by the state's four major oil producers, say credits are necessary to promote Alaska's economy. If oil prices follow the forecast of the administration of Gov. [...]

By |2016-05-30T03:05:52-09:00May 30th, 2016|Uncategorized|0 Comments
Go to Top