Juneau, Alaska

(907) 699-6788 ed.king@kingecon.com

Tag: oil taxes

Alaska is Unique When it Comes to Oil Ownership and Taxes

Around the globe, there are two basic systems governing the ownership of oil. In the first, resources are owned and controlled by the government. In the second, personal property rights extend all the way down to the core. The difference between the treatment of subsurface mineral ownership has far reaching […]

Tackling Some Questions about the Fair Share Act

Many Alaskans have probably heard something about the oil tax initiative called the “Fair Share Act.” You may have been asked to sign a petition while shopping, or you may have read something about it in one of the media outlets. You are likely to see it on the ballot […]

What Will GMT1 Produce For The State Budget?

ConocoPhillips Alaska did a great job of getting the first Greater Moose’s Tooth (GMT1) development into production, ahead of schedule and under budget. We are all excited to have the new oil flowing. It signals the beginning of another renaissance for the North Slope. But, the oil is coming from […]

Production is Up. Does that Mean SB21 is Working?

When the 28th legislature narrowly passed SB21 in 2013, I was working as a policy analyst for the Department of Revenue. I still remember the late night committee hearings and the frantic preparation of fiscal notes. At the end of the day, the bill was named the “More Alaska Production” […]