Wednesday, March 23, 2011

More Hearings: This Time Parnell's Oil Tax Bill

It's hard to try to be fair and balanced on this one.  Sometimes there just aren't credible stories on both sides. 

This is the bill where the Governor would give the oil companies a break of $2 Billion - yes, with a B - a year in exchange for . . . nothing except the vague hope that this will cause oil companies to invest in Alaska in the future.    None of the people supporting this would make this kind of deal with their own money. 

It's important to remember that the Governor was a Conoco-Philips lobbyist in a previous life.  It helps to believe your fantasies when you're a lobbyist, but now that he's governor he's supposed grow up and represent the people of Alaska.  The oil fairy doesn't exist Sean. 

Let the Finance Committee know what you think.

The House Finance Committee will be holding its first public hearings on the Governor’s oil tax bill, HB110 this coming Thursday and Friday.  You can testify from the
Anchorage Legislative Information Office (LIO) at
716 W 4th Avenue, Suite 220
at the following times:

Thursday, March 24        5:00pm – 8:00pm
Friday, March 25              3:00pm – 7:00pm

            For more information, please contact the LIO by phoning 269-0111 or by emailing

Information on the hearing comes from Rep. Berta Gardner's  newsletter.  

1 comment:

  1. Gee, combining the latest available figures shows Shell, ExxonMobil, ConocoPhillips and BP profiting over a trillion dollars last year.

    Sounds like we need to immediately restrict collective bargaining rights and end health care/retirement benefits for state workers to compensate.


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