Gov. Sean Parnell took to social media Tuesday to reiterate his call for lower oil production taxes.
In a post on Facebook, Parnell cited low oil flow through the trans-Alaska pipeline. He writes that production totaled 430,457 barrels per day last month and 472,424 barrels per day in July 2011. Parnell says the administration plan to reverse the trend is to “ease up on taxes when oil prices are in the higher ranges,” and attract investors back.
While there has been a trend of declining North Slope oil production, the flow of oil is generally lower during summer months as oil companies and the pipeline’s operator do maintenance.
Average flow so far this year has been 560,320 barrels per day.
A Parnell spokeswoman said the administration could use numbers from other months and they would show a year-over-year drop as well.
- At least 50 First Nations and tribes signed a treaty Thursday opposing tar sands expansion plans that they view as "a collective threat to our Nations."
- This arrest comes just a week after Adams was sentenced to time served, and what amounted to 10 years of probation for criminally negligent homicide connected to a 2013 fire that killed three people in the village of Nunam Iqua.
- "It is not how we wanted this response to go. It's absolutely heartbreaking when these events result in a loss of life," said Anchorage Police Chief Chris Tolley.
- The Department of Natural Resources has approved the latest development plan for Prudhoe Bay, ending a stand-off that raised fears the Walker administration was threatening the leases at the site -- potentially disrupting production at the state's largest oil field.