–Tax proposal could cost Alaska up to $4.6 billion through
fiscal year 2019 –Effort is under way to let voters decide whether to
keep or repeal huge oil company tax cuts
03 Jun 2013 BP Alaska plans to bring two new drill rigs to the North
Slope by 2016, part of an additional $1 billion investment the company
envisions over the next five years following the state’s rollback of oil
production taxes. BP is the second of the North Slope’s three major
players, after ConocoPhillips, to announce plans following passage of
the tax overhaul that was signed into law by Gov. Sean Parnell
(R-Nutjob) last month. Exxon Mobil Corp. hasn’t made its intentions
public. Besides the new drill rigs, the company said it has the support
of the other working-interest owners of Prudhoe Bay, ConocoPhillips and
Exxon, to start evaluating an additional $3 billion in projects on the
western end of the Prudhoe. .
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