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Alaska's new fiscal system dodges a repeal effort


Alaska's new fiscal system dodges a repeal effort

Report summary

All indications suggest a referendum to repeal the state’s new oil-tax regime will narrowly fail. SB 21 was signed into law in May 2013 and replaced the previous regime, ACES.  Citizens concerned about the new regime's impact on state revenues, which heavily depend on oil taxes, placed the referendum to repeal SB 21 on the August 2014 ballot. This is a positive signpost for the region.

What's included?

This report includes 2 file(s)

  • Alaska's new fiscal system dodges a repeal effort PDF - 637.93 KB 4 Pages, 0 Tables, 3 Figures
  • SB 21 dodges repeal effort.xls XLS - 118.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

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  • Executive summary
  • Upstream investment unlocked
  • Dominant players must invest to maintain cash generative assets
  • Success for the region also depends on attracting and keeping new entrants
  • Fiscal stability must now be firmly established

In this report there are 3 tables or charts, including:

  • Executive summary
  • Upstream investment unlocked
  • Dominant players must invest to maintain cash generative assets
    • Remaining commercial and technical reserves
    • Top operators' 2014 production, global portfolio weight
  • Success for the region also depends on attracting and keeping new entrants
    • Alaska's new fiscal system dodges a repeal effort: Image 3
  • Fiscal stability must now be firmly established
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

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