Consultant: Oil tax system doesn't encourage new development
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Consultant: Oil tax system doesn't encourage new development

Anchorage : AK : USA | Mar 15, 2012 at 1:46 PM PDT
Source: Anchorage Daily News
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In a presentation for the Senate Finance Committee, Gerald Kepes says existing mature fields remain profitable for companies, and the state extracts maximum "rent" from a declining production base. However, he says, this system inhibits development of new projects and resources that might help... FULL ARTICLE AT Anchorage Daily News
 
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