Over the past few months, we have written several columns about the significant drop in production tax revenues projected for the coming decade, despite a substantial increase in production volumes during the same period. As we have explained, the directional…… Read More

The latest report on the Alaska LNG project submitted by legislative consultants Gaffney, Cline & Associates – “Key Issues – Legislative and Policy Options for Alaska LNG – FINAL COPY” – published by the Legislature’s Legislative Budget and Audit Committee … Read More

While not everything the governing statutes require, the fiscal submissions last week and this week by the administration of Governor Mike Dunleavy (R – Alaska) provide enough information to outline a plan to resolve Alaska’s seemingly never-ending fiscal crisis.  The … Read More

This week’s column addresses three separate issues that have arisen over the past few weeks.  The first, raised in a column written in the Alaska Landmine by former Revenue Commissioner Bruce Tangeman, is whether Alaska has a large enough tax … Read More

Most oil and gas lawyers who have spent time practicing in the lower 48 don’t find Alaska’s Permanent Fund Dividend (PFD) particularly novel.  It follows the same approach as a typical lower 48 oil-and-gas family trust. In those cases, oil … Read More

A recent article from Alaska’s News Source focused on a petition on Change.org “to restore and protect [Alaska’s] Permanent Fund Dividend [PFD].” At the time of the story, the petition “was just shy of 16,000 signatures.” As of the time … Read More

Following the Legislature’s passage in 2013 of substantial revisions to Alaska’s oil production tax code (commonly referred to by its session bill number, “SB21”), Alaskans went to the polls the following…… Read More

The typical flurry of legislative session op-eds warning against changes to oil taxes began the week before last. True to form, the season kicked off with an op-ed in the Anchorage Daily News (ADN) by the Co-Chairs of “Keep Alaska … Read More

In our last column, we examined Governor Mike Dunleavy’s (R – Alaska) proposed Fiscal Year (FY) 2025 10-year plan and expressed serious concern about both what it says about Alaska’s fiscal future and the Governor’s failure to comply with the … Read More

As we discussed in an earlier column, the Department of Revenue projects in its Spring 2024 Revenue Forecast (Spring Forecast) that while oil production…… Read More