NPR-A oil and its benefits to Alaska
The state obtains 50 percent of the royalties and other fees but the revenue has to be used for specific purposes defined by law
With much heightened interest in the development of significant new oil resources in the National Petroleum Reserve-Alaska, the question arises of how much financial benefit the state of Alaska will actually gain from the new oil production that ensues. Unlike in the oil fields of the central North....
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NPR-A Impact Mitigation Program
Requires approval by Legislature
Amount of money highly variable
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