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    Oil Executives March On D.C.
    obvious
    by obvious  5-17-2006    1
     Sometimes The Onion hits a little too close to the truth.
    1
    POPS
    Alaska Gasline details revealed!
    obvious
    by obvious  5-11-2006   
     At last! Governor Murkowski lets us see the deal he cut with the oil companies for taxing the North Slope gas. The prices look about right, but I'm still not sure about the risks of being a 20% owner in the transmission line. I mean, if the state owns the gas, it has an interest in keeping tarriffs down. If the state owns the pipeline, it has an interest in keeping tarriffs high! Also, if the state is buying into the gasline, then the state is taking on a lot of the risks. Shouldn't that mean Alaska should take more of the profits? Beyond the profits of owning part of he line? Here's my rationale: by absorbing risk, the companies see this project as more possible. Shouldn't the state get more compensation for that? Just a thought. I'm also concerned about the way the state is linking a revision to its oil tax regime to the gasline. I hope that greed for more oil money doesn't jeopardize the lucrative gasline!
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