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Vol. 9, No. 16 Week of April 18, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil tax legislation gets hearing

Proponents, opponents argue change in Alaska production tax structure

Larry Persily

Petroleum News Government Affairs Editor

As expected, proponents of adding a price factor to Alaska’s oil production tax structure told legislators it’s only fair that the state receive more money at high prices, while the industry testified that any increase in taxation would be a disincentive to investment. (See relates article on page A....

    [additional news subjects in this story]

Legislation adds oil price to tax formula

Industry says tax change would hurt Alaska

Administration worries about lost investments


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