NPR-A oil and gas revenues: Who gets the money?The state gets half the royalties; but federal law says the money has to be passed on to the North Slope communities most impacted by NPR-A development. The state gets the leftovers. Kay Cashman PNA Publisher
The state’s general fund is likely to receive no boost from royalty or severance taxes associated with National Petroleum Reserve-Alaska development, a state official told PNA.
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Federal law mandates that the state of Alaska give its share of all royalties generated by oil and gas....
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Payouts to date Severance tax likely to be zero ELF designed for monster fields
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