Industry less and less happy with ACES 11/18/2007
Companies tell Senate Finance that more taxes will lower, not raise, investment levels; bill includes more than two increases
Industry representatives were glum when they testified at Senate Finance Nov. 14. They'd had less than 24 hours to look through the committee substitute for Senate Bill 2001, the evolving bill that be...

Econ One: industry costs up 11/11/2007
Consultant says Revenue used 2002-05 information; steep rises began in '05
The Alaska Department of Revenue used publicly available cost data from 2002-05 when it assembled a fiscal note on expected North Slope production and operating and capital costs for the legislation t...

CWN: Re-negotiate 09/17/2006
Commonwealth North says gas pipeline contract needs to be re-negotiated
Commonwealth North, the Anchorage-based public policy organization, has published a study of the proposed gas pipeline fiscal contract, and while praising the work of the administration of Alaska Gov....

AGPA aims for early start 09/03/2006
Econ One: Without 3-year head start, economic value of LNG project can evaporate
As the Alaska Gasline Port Authority project economic compared to a highway project? The Alaska Legislature asked Econ One Research to do an analysis of the liquefied natural gas project and Aug. 24...

Basin control a concern for consultants 08/06/2006
Gas pipeline sponsors say construction cost control goal of ownership; post-completion pipeline becomes a portfolio issue
Basin control and cost control were the opposing issues of concern when the Alaska Senate Special Committee on Natural Gas Development heard July 31 from legislative consultants and the gas pipeline s...

Gas pipeline contract 'not ripe' 08/06/2006
Alaska Sen. Gene Therriault, chair of LBandA, says gas fiscal deal negotiated by governor with North Slope producers needs work
Sen. Gene Therriault, R-North Pole, believes that the draft gas fiscal contract negotiated by Alaska Gov. Frank Murkowski's administration with BP, ConocoPhillips and ExxonMobil "is not yet ripe for c...

Will the pipeline open or close basin? 07/23/2006
Administration, producers tell legislators gas line will open North Slope; legislative consultants concerned about control
Whether a producer-owned gas pipeline will open or close the North Slope has been one of the hotly debated issues around the proposed gas pipeline fiscal contract. Will owning the majority of a gas p...

Former DNR officials: Contract a bad deal 06/18/2006
Irwin, Rutherford say state is subsidizing the North Slope gas pipeline to the tune of $13.25 billion in contract governor negotiated
The proposed gas fiscal contract is a bad deal for the state, former Department of Natural Resource officials Tom Irwin and Marty Rutherford told Petroleum News following a Commonwealth North presenta...

Gas line economic? 06/18/2006
Econ One says it is, contends producers want more than pipeline return rate
Econ One Research President Jeffrey Leitzinger told the Alaska Legislative Budget and Audit Committee June 14 that his firm's analysis of the proposed North Slope gas pipeline project, and of the stat...

No PPT - again 06/11/2006
Alaska Senate votes in favor of tax compromise; House rejects it 13-25
The conference committee finished its work and the production profits tax, the PPT, made it to the floor in the Alaska House and Senate in time for a vote before the special session ended at midnight...

Consultants speak 05/28/2006
LBandA hears about lack of control in gas line contract, misaligned interests
Alaska got two different views on the proposed gas fiscal contract as the Legislature wrapped up almost two weeks of presentations from the administration and also heard from its own consultants. The...

House tackles gas, credit 05/07/2006
Van Meurs says 25% credit too risky; Econ One questions 2/3 gas exclusion
House Finance began hearings on the Senate's version of the production profits tax at the end of April, then stepped away from hearings on PPT to work on budget issues. The committee was scheduled to...

Legislators quiz companies, consultants 04/23/2006
House, Senate Finance committees hold QandA sessions with panels from industry, legislative consultants and the administration
If the sight of legislative consultant Daniel Johnston seated next to BP's Angus Walker at a Senate Finance Committee hearing didn't bring a smile to your lips, you haven't been following the petroleu...

Myers slams oil tax plan 04/23/2006
Says state doesn't have ability to calculate costs; downside risk significant
Former members of Gov. Frank Murkowski's administration said the governor's proposed overhaul of the state's oil tax policy could spark giant legal battles with some of the world's most powerful energ...

Resources kills clawback 03/26/2006
House Finance to start on governor's production profits tax bill in late March
House Resources began hearing House Bill 488, the governor's proposed production profits tax, the PPT, on Feb. 21. On March 17 the committee voted out an amended committee substitute. The PPT would re...

Tax impacts on exploration, production differ 03/19/2006
Econ One looks at likely impacts on different activities from proposed State of Alaska tax/credit rates of 20/20 and 20/25
Impacts of the governor's proposed production profits tax could be different on explorers than on producers, economists representing Econ One Research told legislators March 13. At low oil prices, fo...

Final stages? 09/25/2005
Governor describes back and forth of gas pipeline contract negotiations
The Murkowski administration - including the governor - was out in full force Sept. 19 and 20, describing as much as they could of the confidential negotiations for a contract for an Alaska North Slop...

Econ One says a North Slope gas project profitable at projected gas prices 09/04/2005
The State of Alaska has been negotiating for a piece of the proposed Alaska North Slope natural gas pipeline, and a presentation to the Legislative Budget and Audit Committee in Anchorage Aug. 31 show...

Study finds North Slope gas would be pricey for in-state use 02/24/2002
Alaska doesn't have major new markets that North Slope natural gas could fill, at least at this point. And the gas wouldn't be particularly cheap compared to current energy sources, and more expensive...