Floor of Alaska Senate breaks into oil tax debate
The floor of the Alaska Senate broke into an impromptu debate over oil taxes Monday.
Sen. Cathy Giessel sparked the discussion in a special order, when members speak on issues they choose.
She spoke of the need for a healthy oil industry for Alaska’s economy and what alternatives Alaska had for comparable tax revenues. They included having tens of thousands of cruise ships visit Alaska and every Alaskan of age smoking 10 packs of cigarette a day. She said such suggestions were absurd.
She said there is new activity on the North Slope under the new oil production tax law.
Sens. Hollis French and Bill Wielechowski offered rebuttals.
French said Alaska won’t get its “fair share” under the tax if prices spike. He said the law should be repealed.
Watch the full floor session courtesy of Gavel Alaska: