Basics

Under SB21 how much are we paying to Big Oil?

2021-02-09T09:20:27-09:00September 3rd, 2020|

Since SB21, Big Oil has paid $2.0 billion in production taxes and we have paid and owe them $2.1 billion in cashable credits.  You want to count what they pay us without counting what we have paid and owe to them.  As we speak, we still owe $770 million in [Read More...]

What is Alaskans’ fair share?

2021-02-09T09:41:12-09:00March 19th, 2020|

One-third of the gross revenues from the sale of our oil is a good standard to apply in determining if Alaskans are getting their fair share. Governor Hammond was a key architect of our economic relationship with the oil industry. He stated the original agreement was one-third to the state, [Read More...]

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