Alaska: MORE TAX BREAKS for oil companies.

The facts DO NOT JUSTIFY more tax breaks for oil companies while cutting the budgets of schools and medical care and programs for the average Alaskan Citizen.  THE BIG OIL FIELD IN ALASKA IS ALMOST DEPLETED, now we have little oil fields.

There are a number of smaller producing fields, and some prospects. But, as WC has argued before, even if Alaska reduced its taxes to minimal levels, it’s still much less expensive to produce fracked oil in North Dakota than to drill for new oil on the North Slope. And the crude that’s produced is much closer to the market.

http://wickershamsconscience.wordpress.com/2013/04/13/dealing-with-reality-the-sad-facts-of-north-slope-oil/