JUNEAU – Friday, Senator Wielechowski (D-Anchorage) released the findings of a research report he requested reviewing profit data recently released by ConocoPhillips. The legislature’s non-partisan research division determined that, “On a barrel of oil equivalent (BOE), Alaska is the most profitable region for the company by a wide margin” in the first quarter of 2018. […]
JUNEAU – House Bill 331 cleared a legislative hurdle on Thursday, passing the House of Representatives, with bipartisan support. The measure must still be approved by the Senate. The measure was introduced by Governor Bill Walker and enables issuance of bonds to pay small oil and gas exploration companies the tax credits they were promised […]
Juneau – Friday, the Alaska House of Representatives passed legislation to give the Alaska Department of Environmental Conservation (DEC) additional tools to address spills of oil and hazardous substances in Alaska. House Bill 322 updates civil penalties that have been eroded over time due to inflation and provides administrative penalties that DEC can quickly levy […]
NEW ORLEANS— The Trump administration is ignoring advice from the bipartisan commission that investigated the BP Deepwater Horizon disaster as officials move to repeal offshore drilling safety regulations adopted in its aftermath. Read the full article at ACID Society
