0:42
Dan Stickel
140:03 - 140:45
"Representative Ruffridge, through the chair, so that would be a great question to ask the developer, but based on the baseline assumptions that we have and the— what is in the futures market, it does look like a challenging project even with the tax relief."
“Representative Ruffridge, through the chair, so that would be a great question to ask the developer, but based on the baseline assumptions that we have and the— what is in the futures market, it does look like a challenging project even with the tax relief.”
- Speaker
- Dan Stickel
- Timestamp
- 140:03 – 140:45
- Community
- Alaska News
- Location
- Alaska
From the transcript
Am I wrong on that? Mr. Stickle. Representative Ruffridge, through the chair, so that would be a great question to ask the developer, but based on the baseline assumptions that we have and the— what is in the futures market, it does look like a challenging project even with the tax relief. Obviously, there are other benefits that Alaska gas brings. You know, one could be futures markets aren't always correct and buyers may be willing to pay a higher price than what's being indicated in the global market.
Related Coverage
Alaska's gas-pipeline bill now carries a tax on Hilcorp and others
The Alaska Senate added a corporate income tax on oil and gas pass-through entities like Hilcorp to the AK LNG gas-pipeline bill (HB 381), effective 2028 regardless of the project.
by Walter AlaskaNews2h ago3 min readAIAlaska
State economist: even with tax breaks, the gas line barely works
State economist Dan Stickel told a legislative conference committee Friday that the Senate version of HB 381 reduces the Alaska LNG export break-even price from $9.05 to $8.62 per thousand cubic feet — still above current futures market prices near $8 — prompting Rep. Justin Ruffridge to say the project simply "doesn't work."
by Walter AlaskaNews3h ago2 min readAIAlaska
