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The Parnell administration is poised to introduce oil tax reform legislation again. Previous attempts have failed to gain enough support to pass the state legislature. The new bill was previewed for the Fairbanks Chamber of Commerce Tuesday. It incorporates some ideas raised in recent year’s discussions.
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The State Department of Natural Resources top priority is increasing the amount of oil moved by the Trans-Alaska Pipeline.
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A University of Alaska professor says there’s a lot of value remaining in proven North Slope oil reserves, but the state needs to do a better job preparing for the future.
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House Votes to Bar FDA Approval of ‘Frankenfish’, Congressional Delegates Divided on Likelihood of Gas Pipeline, UAA Professor Urges Better Management of Oil Reserves, Annual Finances Released by Congressional Delegates, and more...