1:02
Dan Stickel
33:52 - 34:54
"that bill would have reduced total state revenues over life of project from 29.7 down to $22.5 billion and would have reduced municipal revenues over life of project from 17.3 billion down to just under $4 billion."
“that bill would have reduced total state revenues over life of project from 29.7 down to $22.5 billion and would have reduced municipal revenues over life of project from 17.3 billion down to just under $4 billion.”
- Speaker
- Dan Stickel
- Timestamp
- 33:52 – 34:54
- Community
- Alaska News
- Captured at
- June 1, 2026
From the transcript
So slide 34 is the similar summary of cash flows and cost of supply for Senate Bill 280 as introduced by the Governor back in March. And so you can see here that that bill would have reduced total state revenues over life of project from 29.7 down to $22.5 billion and would have reduced municipal revenues over life of project from 17.3 billion down to just under $4 billion. And the result of those significant tax reductions to the state and municipalities is a reduction in the cost of supply for instate from $4.86 down to $4.43 per thousand cubic feet. And then for delivered LNG into the market from $9.07 down to $8.48. So almost a 60 cent reduction in the delivered cost of LNG into the global market.
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