As lawmakers in Juneau consider changes to the state’s oil tax credit system, they’re facing stiff opposition from oil companies. Several industry representatives testified before lawmakers this week. Those representatives are calling the changes proposed in House Bill 111 a tax increase. And they also say it could affect their investment decisions.
The leaking gas pipeline in Cook Inlet is drawing concern from environmental groups and state and federal agencies. Cook Inletkeeper told Hilcorp CEO Jeffrey Hildebrand it intends to sue the company in 60 days, claiming Hilcorp is violating of the Federal Clean Water Act.