Sen. Wielechowski proposes additional taxes for oil companies

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There will once again be discussion in Juneau about whether to change the oil and gas tax structure in Alaska.

Anchorage Democratic Sen. Bill Wielechowski contends Alaskans are not getting their fair share of oil money and says the More Alaska Production Act — Senate Bill 21 — isn't helping to provide more oil through the Trans-Alaska Pipeline System and create more jobs.

The Senator pre-filed SB 129. He says his bill will impact only three areas of what he says are the most profitable oil fields in the state: Prudhoe Bay, Kuparuk and Alpine.

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