Mining, long a part of state history, is now a $4 billion-a-year industry in Alaska, with export value rivaling that of seafood, a state analysis shows.
Energy & Mining
Borough mayors urge changes to Dunleavy’s Alaska LNG tax break bill
Mayors of the five boroughs that would host the Alaska LNG project say Dunleavy’s bill offering tax breaks for the gas pipeline would push more costs onto local taxpayers.
Gasline developers say Dunleavy bill would cut costs key to competing in global market
Gov. Mike Dunleavy’s proposal would replace property taxes with a tax on the volume of gas flowing through a planned natural gas pipeline.
Alaska Senate pushes for increase in oil tax revenue, amid war-driven oil boom
Lawmakers in support of a measure to strengthen the state’s corporate income tax on the oil and gas industry said it was essential for boosting state revenues
Dunleavy proposes property tax breaks for Alaska LNG pipeline
The bill would replace most local property and sales taxes with a tax on the volume of gas flowing through the pipeline. It would likely amount to a significant tax cut for the project.
$164M: Auction for drilling rights in Alaska’s Arctic sets new records
Eleven companies bought oil and gas leases on 1.3 million acres of the NPR-A, including tracts around Teshekpuk Lake, a previously protected area.