Governor Parnell Signs Historic Bills, Celebrates Future Economic Growth On Tuesday of this week Governor Sean Parnell signed the oil tax reform Senate Bill 21, the More Alaska Production Act, into law. This historic legislative package could very well move Alaska forward and spur new investment and production. Parnell signed... Continue reading

Declining oil production continues to be an important concern for Alaska’s future, especially as we watch the dramatic increases in production in Texas and North Dakota. Alaska has become an expensive place to conduct oil and gas business, as well as risky for new investments due to our current tax... Continue reading

The Anchorage Economic Development Corporation (AEDC) recently published their 2013 Economic Forecast for Anchorage - Alaska’s largest city. At their recent forecast luncheon, AEDC announced their prediction that Anchorage will grow 1,700 jobs, or an increase of 1.1%, in 2013. In 2012, AEDC predicted 1,500 new jobs, with preliminary data... Continue reading

Alaska Governor Sean Parnell has proposed changes to Alaska’s tax regime designed to increase the global competitiveness of the state. The Consumer Energy Alliance (CEA) – Alaska, recently testified at a Senate Special Committee hearing on this issue. An important point outlined is that oil production has declined from a... Continue reading

The University of Alaska's Institute of Social and Economic Research (ISER) recently published the FY 2014 Update on the Maximum Sustainable Yield. In this update, Scott Goldsmith writes that Alaska's state government can afford to spend about $5.5 billion in fiscal year 2014, based on the petroleum net egg of... Continue reading