Posted: December 18, 2012 at 8:04 am
During a presentation to the Kenai Chapter of the Support Industry Alliance, Senator Elect Peter Micciche discussed some of the Senate Majorities?s priorities, including increasing statewide oil production, but the new caucus won?t focus solely on oil taxes..
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Sen-Elect Micciche(R-Soldotna): ?Notice we?re not calling the?committee?an oil-tax committee, the reason is we?ll be investigating all the obstacles?to?increasing?productions, such as permitting?issues, access,?leasing,?competitive?tax?structure?being one of those issues as well. They?re all equally?important. Remember, it?s our oil, but it has little value in funding 90% of everything we do in this state while it lying in the ground. In addition to?incentivizing?currently?producing fields, we?ll be looking at?encouraging?fields that are under developed and under?evaluation, as well as, viscus and shale play.?
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