The U.S. Senate tax bill would open the Arctic National Wildlife Refuge to oil lease sales and split revenues with the state 50-50. Some Alaskans insist the state should get 90 percent, as promised in the statehood act. But if the tax bill passes, some opponents warn the state’s actual revenues from ANWR, no matter how much the oil companies bid, could be zero.
U.S. Sen. Lisa Murkowski released Wednesday legislation that would open part of the Arctic National Wildlife Refuge to oil drilling. Murkowski’s part of the bill would lift the ban on drilling in the so-called 1002 area, along the coastal plain of the refore. It would split revenues 50-50 between the state and the federal government.