What about ringfencing?

2020-10-24T14:26:38-08:00October 24th, 2020|

In Alaska, it’s exploitation by deductions from oil by Joe Paskvan, Fairbanks originally published 10/22/20 Fairbanks Daily News-Miner The shameless character of oil executives is world class. They are so used to exploiting governments and people that they just don’t see themselves as they truly are: exploiters. The apex of [Read More...]

Detailed Modeling Compares Existing Production Taxes with Alaska’s Fair Share Act

2020-10-07T09:33:10-08:00October 6th, 2020|

Detailed Modeling by Former Tax Director of the Department of Revenue Compares Existing Production Taxes Under Senate Bill 21 with Ballot Measure 1 The comparison reveals the State has paid and owes more in cashable credits than it has received in production taxes under SB21. It also reveals permitting unrelated costs [Read More...]

Ballot Measure 1 means jobs

2020-10-06T08:46:02-08:00October 6th, 2020|

Ballot Measure 1 (the Fair Share Act) amends the current production tax regime created under Senate Bill 21 (SB21) to make it fairer and more transparent for Alaskans. The major Texas-based producers and their surrogates who fashioned SB21 will say anything to keep Alaskans from amending SB21 and getting a fair [Read More...]

Will the Fair Share Act drive Big Oil out of Alaska?

2020-08-10T09:26:16-08:00July 22nd, 2020|

Since SB21, Alaskans have paid the producers more in cashable credits than we have received in production revenues. A $1 billion per-year increase is more than fair to the major producers. With this increase, the major producers will actually be paying less on average than they [Read More...]

How much did SB21 Cost Alaska?

2020-07-02T15:11:34-08:00June 30th, 2020|

Under SB21, Alaskans’ share has been anything but fair. SB21 has made a bad situation unbearable through providing artificially low production tax rates and unnecessary tax credits for our three largest and most profitable oil fields. Alaskans simply cannot afford to continue giving away billions of dollars in corporate [Read More...]

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