Skip to main content

Why Alaska is Reconsidering a Texas-Inspired Oil Tax Cut

Hoping to spur the kind of oil boom seen recently in states like Texas and North Dakota, the Alaska Legislature last year voted to cut taxes on oil companies. But some Alaska lawmakers now say that may have been a mistake.

By Dave Fehling, Houston Public Media
Republish
A water truck parked near a drilling rig operated by Fasken Oil and Ranch, Ltd.. Drilling rigs use of water is a salient issue for the industry, particularly under drought conditions such as those experienced in the past year by Midland, Texas, and other similar areas of oil production.
Credit: Jerod Foster

Hoping to spur the kind of oil boom seen recently in states like Texas and North Dakota, the Alaska Legislature last year voted to cut taxes on oil companies. But some Alaska lawmakers now say that may have been a mistake. Read the full story at StateImpact Texas.

Texans need truth. Help us report it.

Independent Texas reporting needs your support. The Texas Tribune delivers fact-based journalism for Texans, by Texans — and our community of members, the readers who donate, make our work possible. Help us bring you and millions of others in-depth news and information. Will you support our nonprofit newsroom with a donation of any amount?

Support independent Texas news

Become a member. Join today.

Choose an amount or learn more about membership.

$20 $25 $50 Other
Donate now

Information about the authors

Dave Fehling

HOUSTON PUBLIC MEDIA

Learn more about our publishing partners

Learn about The Texas Tribune’s policies, including our partnership with The Trust Project to increase transparency in news.

Explore related story topics

Energy Environment