
Mike Dunleavy
16:55 - 17:34
"The Constitution doesn't say maximize revenue for government. It says manage your resources for the maximum benefit of the people."
“The Constitution doesn't say maximize revenue for government. It says manage your resources for the maximum benefit of the people.”
The oil industry now is shaking their head, uh, wondering what the taxation regime is gonna be like going forward. Investors are looking at this and wondering if North of the Future, the only state in the country, by the way, that was brought into the Union under the conditions that we develop our resources, it's all through our Constitution, And let me say something about the Constitution. It's something along the lines of what the representative said. The Constitution doesn't say maximize revenue for government. It says manage your resources for the maximum benefit of the people.
Alaska's Senate passed LNG bill HB 381 12-8; Gov. Dunleavy called a second special session to rewrite provisions he says would sink the North Slope gas project.
