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Alaska's new fiscal system dodges a repeal effort

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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.

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  • Remaining commercial and technical reserves
  • Top operators' 2014 production, global portfolio weight
  • Alaska's new fiscal system dodges a repeal effort: Image 3

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