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June 22, 2021

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The Oily Facts on Prop 1

By Peter Blanas Alaskans understand that oil is the economic cornerstone of our state. Alaskans are right to be concerned, that we have a healthy and productive oil and support industry. It’s also understood that the extraction of oil in the Arctic, is very difficult and expensive, and should come with a good return on investment. We want the industry to earn a healthy profit, along with Alaska, the resource owner. First, a look backward: Oil began flowing down the pipeline from the North Slope in 1977. Daily production peaked in 1988, at just over 2 million barrels a day,…

Parnell Withholds Oil Tax Information

  Sean Parnell got his wish for a Republican-controlled state senate this time. Last session, the bipartisan coalition prevented the massive $2 billion a year no-strings-attached oil wealth giveaway. This time, preventing our coffers from being drained into the pockets of the world’s most profitable multi-national corporations will require even more effort from Democratic legislators, fiscally responsible Republicans, and Alaskans themselves. Doing his part, Representative Les Gara (D-Anchorage) today called on Gov. Sean Parnell to release information he has withheld regarding his proposed oil tax legislation. Two weeks ago Gara filed a public records request for important oil tax information…

Hundreds Turn Out for “It’s Our Oil” Rally

Almost 200 people turned out in Anchorage, and also a great crowd in Fairbanks for the “It’s Our Oil” rally on Saturday. These folks speak for Alaskans who are sick of getting ripped off at the pump, and are sick of being told that it will take a $20 BILLION giveaway to oil companies in order to get more oil in the pipeline. Alaskans who are tired of hearing politicians from both sides of the aisle in the pocket of Big Oil trying to sell the same song and dance every year without requiring increased production. Oil companies make hundreds…

Voices from the Flats – Orwellian Juneau and Sean Parnell’s $2B Oil Tax Rollback

By Rep. Les Gara (D-Anchorage) The slick oil tax ads are starting. And when political ads begin, you start to wonder whether telling a fib is cheaper than telling the truth. Well, because political ads cost lots of money, and they tend to be more fib than truth. So, fibbing must be cheaper than telling the truth, right? Or, maybe in politics it’s just more effective to mislead people. Nah. No one would ever do that. Not when billions in state oil revenue are at stake. As you know, the governor has proposed the biggest oil company tax rollback in…