JOINT BASE ELMENDORF-RICHARDSON, Alaska — While in Valdez, taking part in Exercise Arctic Eagle 2018, Guardsmen from the 103rd Civil Support Team, Alaska National Guard, and Washington National Guard Homeland Response Force worked with first responders after a real-life diesel fuel tanker truck crashed near a waterway. The tanker truck had exited the roadway and […]
Juneau-Wednesday, the Alaska House of Representatives passed House Resolution 6, weighing in on the 2019-2024 National Outer Continental Shelf Oil and Gas Leasing Draft Proposed Program. The current draft program calls for lease sales in 14 of the 15 planning areas in Alaska (there are a total of 26 planning areas across the country). “With […]
JUNEAU – Senator Wielechowski (D-Anchorage) introduced Senate Bill 206, repealing the per barrel tax credits established in 2014 under SB 21. Under current statute, a producer is eligible for up to $8 in tax deductions for each barrel of extracted oil depending on certain conditions, such as the market price of oil. “Recent SEC filings […]
Juneau – A recent report from the Department of Revenue shows the state is losing more than a half billion dollars in annual revenue by not enacting the modest 25% tax on oil company profits passed by the House last year. Today, Representative Les Gara (D-Anchorage) released the following statement regarding the role oil taxes […]