Note from Rep. Gara: Near Zero Value Nuna Oilfield Deal Challenged
November 21, 2014
Anchorage – Thursday Representative Les Gara (D-Anchorage) asked the Parnell Administration to hold off on a controversial proposal for tens of millions of dollars in additional tax reductions on a North Slope oilfield. Last week Governor Parnell’s Commissioner of Natural Resources announced his proposal to reduce the 12.5% royalty on the Nuna oilfield by over 50%.
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NEWS: Near Zero Value Nuna Oilfield Deal Challenged by Rep. Gara
November 20, 2014
Anchorage – Thursday, Representative Les Gara (D-Anchorage) asked the Parnell Administration to hold off on a controversial proposal for tens of millions of dollars in additional tax reductions on a North Slope oilfield. Last week Governor Parnell’s Commissioner of Natural Resources announced his proposal to reduce the 12.5% royalty on the Nuna oilfield by over 50%.
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NEWS: Gara Asks Governor To Admit Zero Worth Provision In SB 21
July 24, 2014
Today, Representative Les Gara (D-Anchorage) called on Governor Sean Parnell to acknowledge a special interest provision in SB 21 that gets Alaskans nearly no production tax value, or even a negative worth for Alaska’s oil.
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Note from Rep. Gara: Taking Credit for Gravity: Claims that Long-Planned Oil Projects are the “Sudden” Result of the April Oil Tax Rollback
May 1, 2013
Dear Neighbors,
It didn’t take long for silly season to start after the Legislative Session ended April 14. Expect a few years of “abracadabra” claims that oil projects, already being developed under ACES (the oil tax law that has been in place since 2007) are now magically the result of the massive rollback of Alaska’s share of oil revenue (an approximate $1.5 billion per year revenue reduction at $120 per barrel at a time when Alaska is already facing deficit spending). Senate Bill 21 is the oil tax bill that the oil companies, Governor, and his allies succeeded in pushing through the Legislature in April. The claims are, politely put, “flawed” in most cases.
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NEWS: Democrats Applaud Army Corps Pt. Thomson Permit
October 26, 2012
“Alaskans have waited over 30 years for development of these resources”
Today, Representative Les Gara and Senator Hollis French applauded the Army Corps of Engineers for granting the necessary permits for ExxonMobil to begin the long-awaited development of the Pt. Thomson Unit on Alaska’s North Slope. Earlier this month, Rep. Gara and Sen. French wrote a letter to the Army Corps encouraging its prompt action on this permit.
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