Oil tax reform: It works for everyone

  • Oil pays for 90% of what it takes to run this state. The MAP Act puts more oil in the pipeline.

    OIL TAX REFORM: IT WORKS FOR EVERYONE

    In a state 90 percent dependent on oil revenues, more oil is the answer to keeping our economy healthy for us – and for our children.

    More oil is the goal of the More Alaska Production Act (MAP), which the legislature passed – and the governor signed into law – earlier this year.

    This new legislation only rewards companies that actually produce more oil.

    That’s good for you, for me, for the state and the Permanent Fund, which is why we must vote NO on 1 next year and keep this business deal working for Alaska.

    More oil is the answer!

    See how MAP is already producing results.

    Click here for a Q&A on the new oil tax reform.

  • The pipeline is running on empty

    While the rest of nation experienced an oil and gas boom, Alaska’s North Slope continued its decline. In fact, Alaska is the only state to see its production go down.

    That’s fatal for a state that depends on oil for 90% of its budget.

    More oil is the goal of the More Alaska Production Act (MAP), which the legislature passed – and the governor signed into law – earlier this year.

    This new legislation only rewards companies that actually produce more oil.

    That’s good for you, for me, for the state and the Permanent Fund, which is why we must vote NO on 1 next year and keep this business deal working for Alaska.

    More oil is the answer!

    See how MAP is already producing results.

    Click here for a Q&A on the new oil tax reform.

  • Vote NO for our future

    On Aug. 19, Alaska voters will decide whether to keep the state’s oil and gas industry healthy for decades to come or return to the failed tax policy called ACES.

    Under ACES, North Slope production plummeted more than 200,000 barrels a day and caused Alaska to miss out on the oil boom that led to production increases in every oil state except for our own.

    Ballot Measure 1 would repeal the new oil tax and return Alaska to ACES.

    This vote is critically important to every Alaskan –the new tax policy will result in new production, jobs, economic activity and benefits for all – including, perhaps, an LNG project.

    Because more oil is the answer.

    Factoid
    The State of Alaska has collected $157 billion (in today’s dollars) from oil since 1959, money that funds 90 percent of the state’s general fund.

Oil pays for 90% of what it takes to run this state. The MAP Act puts more oil in the pipeline.OIL TAX REFORM: IT WORKS FOR EVERYONE

In a state 90 percent dependent on oil revenues, more oil is the answer to keeping our economy healthy for us – and for our children.

More oil is the goal of the More Alaska Production Act (MAP), which the legislature passed – and the governor signed into law – earlier this year.

This new legislation only rewards companies that actually produce more oil.

That’s good for you, for me, for the state and the Permanent Fund, which is why we must vote NO on 1 next year and keep this business deal working for Alaska.

More oil is the answer!

See how MAP is already producing results.

Click here for a Q&A on the new oil tax reform.