Pink Slips for Alaskans, Green Ones for the Oil Companies

“Stability. Under SB 21, there is certainty that tax rates won’t fluctuate wildly at higher prices like they did under the old tax law.” — Alaska Oil & Gas Association ” ‘A competitive, predictable and durable oil and gas fiscal environment will be required for a project of this unprecedented scale, complexity and cost to compete in global energy markets,’ Exxon said in a statement.” — Business Wire, 2013 “This activity is slowing the production decline with renewed ability to reverse the decline and increase production. This gives Alaska the opportunity for a sustainable, long-term economic future. It also keeps…