
Bert Stedman
11:18 - 11:29
"I think the buyback is one of them. There's mechanics if you take a literal interpretation of that document, it may not be as accurate as looking at it in the entirety."
“I think the buyback is one of them. There's mechanics if you take a literal interpretation of that document, it may not be as accurate as looking at it in the entirety.”
And I think the buyback is one of them. There's mechanics if you take a literal interpretation of that document, it may not be as accurate as looking at it in the entirety.
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.

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."
