Petersen and Gara Announce “Truth in Alaska Oil Company Profits Act”
JUNEAU - Today Representatives Les Gara and Pete Petersen (both D- Anchorage) announced the “Truth in Alaska Oil Company Profits Act” to require Exxon to start revealing the profits they make in the State of Alaska. Exxon is the only major oil company that withholds that information.
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Alaska Democrats Push Federal Bureaucrats to Allow NPR-A Oil Development
JUNEAU – Today, fourteen Democratic members of the Alaska Legislature called on the Obama Administration to resolve permit issues that are delaying ConocoPhillips’ efforts to develop a new oil field in the National Petroleum Reserve – Alaska (NPR-A). Last year, the Army Corps of Engineers rejected Conoco’s permit application to build a bridge across the Coleville River that the company needs to access the new field just west of its Alpine oil field, the third largest in Alaska.
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