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Vol. 11, No. 35 Week of August 27, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Prudhoe shutdown could cost state $2B

But with PPT in place State of Alaska still comes out $308-$999 million ahead at Revenue’s $53.60 per barrel price case estimate

By Kristen Nelson

Petroleum News

With the majority of the State of Alaska’s revenues coming from royalties and severance taxes from crude oil production, the results of shutting down half of Prudhoe Bay — the state’s and the nation’s largest oil field — will be substantial. Just how substantial, Department of Revenue Commissioner....

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PPT makes a difference


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