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
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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