Industry pushes back against proposed changes to state’s oil tax system

SAE Exploration Chairman and CEO Jeff Hastings answers questions Wednesday after his testimony before the House Resources Committee in Juneau. (Photo by Rashah McChesney/Alaska’s Energy Desk)As lawmakers in Juneau consider changes to the state’s oil tax credit system, they’re facing stiff opposition from oil companies.
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Several industry representatives testified before lawmakers this week. They are calling the changes proposed in House Bill 111 a tax in