Today’s Stats

Alaska Crude
West Coast Delivery $109.51 $-1.25 February 2, 2012
Natural Gas
Henry Hub $2.30 $-0.02 February 2, 2012
Oil Throughput 616,075 -10,477 February 1, 2012

Tax

The Tax Committee of the Alaska Oil and Gas Association provides a forum for and coordination of collective industry efforts to promote fair, practical, efficiently-administered and equitably-applied tax policies, laws, regulations, and ordinances affecting the oil and gas industry in Alaska. The Committee actively monitors and provides testimony on legislation and regulations. Positions taken by the AOGA Tax Committee are unanimous and without dissent.

Comments on Present Legislation:

February 16, 2011: AOGA Testimony to (H)Resources on HB 110

February 16, 2011: AOGA Presentation to (H)Resources on HB 110

Comments on Past Legislation:

April 7, 2010: Testimony on SB 305 – Decoupling of Oil & Gas Taxes

March 10, 2010: Testimony on HB 308 – Production Tax System

March 10, 2010: Presentation on HB 308 – Production Tax System

Regulations:

August 30, 2010: AOGA Comments on AS 43.55 Regulations Proposed 7/23/2010
March 15, 2010: AOGA Comments to Department of Revenue on Proposed Regulations to Amend §§ 151, 161, 171, 173, 180, 191, 192, 195, 196, 511, 800 and 900 in 15 AAC 55, and to Adopt as New Regulations 15 AAC 55.140, 15 AAC 55.181, 15 AAC 55.193, 15 AAC 55.197 and 15 AAC 55.450
Nov 29, 2009: Comments on proposed ACES regulations 43.55
Did You Know

In 1990:

  • Persian Gulf War starts; oil prices increase to more than $20 per barrel.
  • Constitutional Budget Reserve Fund (CBR) created by constitutional amendment.
  • Alaska population: 550,043.