Rep. Kerttula Op-Ed: Oil tax reduction? Not before production
February 25, 2013
Alaska doesn’t have to be a company town to be a resource state. But to be a successful resource state, we must get our resources to market and get a fair return for selling them. That’s why Alaska Democratic legislators put forward a proposal to spark development of new fields, squeeze more oil from existing fields, and advance non-tax ideas for getting more oil out of the ground and into the pipeline.
It’s simple: Production before reduction. Our bill puts Alaska first instead of giving away billions of dollars for nothing but promises and the status quo. If an oil company puts more oil in the pipeline than they are now, they pay less in taxes on that oil.
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Rep. Josephson’s Newsletter: Bringing Home Our Resources
February 13, 2013
Getting more oil in the pipeline is a priority for me…but making sure the benefits of our oil wealth reach you is of equal priority. This means ensuring that money from oil taxes makes it back to our local communities.
Companies Produce, We’ll Reduce-
Naturally, Alaska’s future depends on getting more oil in the pipeline. This week the House and Senate Democrats delivered an alternative (HB 111) to the Governor’s Oil Tax Bill (HB 72). Unlike the Governor’s bill, the Democratic alternative aims to: (1) encourage oil production in new fields, (2) help get new oil out of existing fields, and (3) advance non-tax ways to encourage more oil production.
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NEWS: Democrats Introduce Oil Tax Alternative
February 11, 2013
Reduction for Production: Bill Targets New Oil in the Pipe and Protects Alaska
JUNEAU – House and Senate Democratic legislators introduced legislation today to grant tax concessions to oil producers who put new oil into the pipeline. The bill (SB50, HB 111) targets tax incentives to new fields and to new development in existing fields, and it offers other incentives outside the tax code to spark new development.
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NEWS: Rep. Petersen Comments on Resolution of Cook Inlet Gas Dispute
August 28, 2012
Legislator pleased, but wants future guarantees that Alaskan gas goes to Alaskans first
Today, Representative Pete Petersen (D-Anchorage) released the following statement upon news that the Cook Inlet Natural Gas Storage Alaska (CINGSA) and Marathon Oil Company have resolved their dispute over gas supplies for the Kenai gas storage facility.
“I’m pleased that Marathon and CINGSA resolved their dispute, but this whole issue shows how important it is that we have guarantees that Alaskan gas goes to Alaskans first,” said Rep. Petersen. “It’s important Alaskans have firm commitments that our gas will be there to meet our energy needs first so we can grow local businesses and plan household budgets with confidence.”
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NEWS: Democrats: Local Gas First
August 23, 2012
Legislators repeat call for binding commitment to meet local needs before exporting Cook Inlet gas
JUNEAU – Today, seven Democratic legislators in the Alaska Legislature called on the governor to require binding commitments to meet local gas needs before a producer exports Cook Inlet gas as a condition of state support for the producer’s federal export license application.
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