June 25th, 1921

JUNEAU – Today, Sen. Bill Wielechowski, D-Anchorage, released the findings of a research report reviewing profit data recently released by ConocoPhillips. The legislature’s non-partisan research division found that in the first quarter of 2023, Alaska was the most profitable geographical area in the world for ConocoPhillips on a per barrel of oil equivalent (BOE). ConocoPhillips’ […]
JUNEAU – The Senate Rules Committee introduced legislation Friday to fix several flaws in Alaska’s oil tax structure. Senate Bill 114 would level the playing field by having all oil producers pay the same corporate income tax rate as corporations at 9.4%. This would only apply after the first $4 million in annual net income. […]