Oil companies operating in Alaska will enjoy lower state taxes on their production beginning next year, but what will the state get in exchange? That’s the question many are asking now that the Legislature has reworked the tax regime at the request of Gov. Sean Parnell, who believes it will spur the companies to boost…
Energy & Mining
Kensington leads Coeur to increased gold production
Higher production at Kensington Gold Mine near Juneau and a Nevada mine led Coeur d’Alene Mines to a 30 percent increase over the year in gold production. The company says it produced 56,913 ounces of gold during the first quarter of 2013, compared to 43,901 in the first quarter of 2012. A company news release…
Legislature Approves Tax Cut for Oil Companies
After years of fighting for it, Gov. Sean Parnell has gotten his major legislative priority through: a reduction of the state’s oil tax rate.
Mine Safety Reform Stalled Three Years After Deadly Blast
Another year passes without the mine safety reform promised by members of Congress and President Obama in the wake of the worst mine disaster in this country in 40 years.
House Finance will take public testimony on oil
The public gets a chance to testify Tuesday on the latest oil tax reduction proposal before the Alaska Legislature.
Opponents of proposed oil tax cut rally on capitol steps, around the state
About 500 people took to the capitol building steps in Juneau Thursday for one of several rallies statewide against Governor Sean Parnell’s plan to cut state oil taxes.