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Vol. 11, No. 13 Week of March 26, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Senate Resources ups ante for PPT

Committee substitute increases production profits tax rate from 20 to 25 percent, keeps Cook Inlet oil under present tax

Kristen Nelson

Petroleum News

Senate Resources, like House Resources, introduced a committee substitute for the governorís production profits tax, Senate Bill 305. Senate Resourcesí committee substitute increases the tax from 20 percent to 25 percent of net profits and adds a progressivity tax, but keeps existing Cook Inlet oil....

    [additional news subjects in this story]

CS tax increase $1.8-$2.4 billion

BP: investment the issue

Chevron: carving out Cook Inlet a plus

Pioneer: original proposal a balance


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