
Luke Sargey
29:50 - 30:21
"recent headlines have suggested that our position at Hilcorp, that we oppose this targeted income tax on Hilcorp, is against gas line development. And that's simply not true. The July 23rd letter that I sent to the legislature explains our position, and it kind of gets into the consequences of what that targeted Hilcorp income tax would cause to happen."
“recent headlines have suggested that our position at Hilcorp, that we oppose this targeted income tax on Hilcorp, is against gas line development. And that's simply not true. The July 23rd letter that I sent to the legislature explains our position, and it kind of gets into the consequences of what that targeted Hilcorp income tax would cause to happen.”
So, something that we think is important to address, recent headlines have suggested that our position at Hilcorp, that we oppose this targeted income tax on Hilcorp, is against gas line development. And that's simply not true. The July 23rd letter that I sent to the legislature explains our position, and it kind of gets into the consequences of what that targeted Hilcorp income tax would cause to happen.
Hilcorp senior vice president Luke Sargey told the Alaska Gas Line Caucus on Thursday that the company opposes a targeted income tax on Hilcorp, not the gas line, while Glenfarne and business groups urged lawmakers to pass the property tax bill without added taxes.

Enstar president John Sims told the Alaska Gas Line Caucus on Thursday the utility could be 3 billion cubic feet short this winter, equal to 18 midwinter days serving no customers. MEA's Tony Izzo said his gas is contracted for only 2 years and 7 months.
