Senate Finance tweaking production taxProgressivity to be levied on gross production less royalty, not on net; goal to hold state’s take constant at $100 barrel crude oil Kristen Nelson Petroleum News
After weeks of work, Senate Finance put a committee substitute for Senate Bill 192, the bill to change Alaska’s oil and gas production tax, on the table April 3. As Petroleum News went to press April 5, the committee was continuing to work on the bill, with industry testimony scheduled April 6.
Sen....
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What’s on the table? Benefits of progressivity on gross Price of oil ‘Work in progress’
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