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Vol. 11, No. 10 Week of March 05, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Producers: tax too high

Companies support oil tax to get gas; say it will discourage investment

By Kristen Nelson

Petroleum News

The major North Slope producers showed up in Juneau to testify on the administrationís proposed production profits tax with a single message: The new tax will result in less, not more, investment on Alaskaís North Slope. The proposed tax is too high and would make some North Slope development unecon....

    [additional news subjects in this story]

12.5% vs. 20%

The 6% decline

ExxonMobil would oppose just a tax increase

PPT at 13% would match todayís tax


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