Big Oil will stay as long as there’s money to be made   Leave a comment

Letter: Big Oil will stay as long as there’s money to be made | Juneau Empire – Alaska’s Capital City Online Newspaper.

There are many good points being made on this debate right now, so I’m highlighting them.

For those outside of Alaska, this issue will be voted on August 19. SB21 was Governor Parnell’s oil tax reduction plan, which I was opposed to. I favored the Palin-era ACES tax system. When the petition came around to repeal it, however, I opted for stability in the tax environment. I have since changed my mind because I believe Alaska is suffering from abused colony syndrome, whereby we continually forget that it is OUR oil and therefore, we have a right to act like a North Dakota landowner and demand a premium for access to our resources. And, in the end, under ACES (which the taxation system will revert to if SB21 is set aside) the oil companies are still taking home a tidy profit of around 49% AFTER they deduct the cost of producing the oil.

What's Your Opinion?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jacquie Biggar-USA Today Best-selling author

It's All about the Romance 💕💕💕

Not Very Deep Thoughts

Short Fiction and Other Things

Homestead on the Range

Abundant Living in Flyover Country

Ediciones Promonet

Libros e eBooks educativos y de ficción

the dying fish

Book info, ordering, about me etc. in upper right

STRAIGHT LINE LOGIC

Never underestimate the power of a question

Healthy Ebooks

Healthy tips to live more & better!

Mikes Film Talk

Entertainment, Films, Books, Television

Radical Capitalist

Anti-State. Anti-Left. Pro-White.

PushUP24

Health, Fitness, and Relationships is a great way to start living again.

MG WELLS

✪ Enjoy The Journey!

ouryoungaddicts.wordpress.com/

Too many young people are becoming addicted to drugs/alcohol. OYA is a community of parents and professionals sharing experiences, resources and hopes on the spectrum of addiction, treatment and recovery.

%d bloggers like this: