NEWS: It Doesn’t Have To Be This Way
December 12, 2013
Oil Wealth Giveaway increases deficit now, undercuts ability to replenish savings later
A small budget is not surprising, but the lost opportunities for Alaskans and inability to replenish state savings accounts due to recent changes to the state’s oil tax will cost Alaska in the future, said House Democratic leadership today in response to Governor Parnell’s proposed budget.
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NEWS: “New” Oil Regs a Fool’s Errand, Need More Work and Review
August 26, 2013
Democratic Legislators highlight big risks in draft Oil Wealth Giveaway regulations
JUNEAU – Today, Alaska Democratic Legislators warned of significant risks, impossible expectations, and the potential for industry to game the system in their official comment letter to the Alaska Department of Revenue on its proposed regulations for Senate Bill 21, the governor’s oil wealth giveaway.
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Rep. Tuck’s Community Connection: Historic Gamble to Give Away Alaska’s Oil Wealth
April 16, 2013
Dear Neighbors,
In a clear betrayal of public trust, last Saturday shortly after 2 a.m., a majority of members in the Alaska House of Representatives made the disastrous decision to give away a massive share of Alaska’s oil wealth to the most powerful and profitable corporations in the world—with no promise or guarantee of increased production or more oil in the pipeline.
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NEWS: Dems Stand Against Historic Giveaway of Alaska’s Oil
April 14, 2013
Massive giveaway with no commitments is based on trust, not facts
JUNEAU – Last night, House Democratic legislators stood up against the governor’s massive giveaway of Alaska’s oil wealth during a debate on the House Floor that lasted well past midnight.
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Rep. Tuck’s Community Connection: The Real Story - North Slope Jobs and Investment are Rising Under ACES
April 11, 2013
The Legislature continues to rush forward with the governor’s massive and ill-conceived giveaway of Alaska’s oil wealth at a frantic pace, hoping to get the bill passed before the 90 day session concludes on April 14. As I have stated before, this bill will give billions of dollars from the state treasury to the wealthiest and most profitable corporations in the world - with no promise or guarantee of increased production or investment in Alaska.
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Rep. Tuck’s Community Connection: Record Industry Profits, Strong State Savings - Tomorrow is the Time to Speak Out
April 8, 2013
Dear Neighbors,
This is the first in a series of newsletters about Senate Bill 21, the major re-write of Alaska’s oil tax system that is being hurried through the legislature in the last days of session. As it stands now, the proposal is a massive and ill-conceived giveaway of Alaska’s oil wealth with no clear connection to increasing oil production.
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