
Speaker B
79:19 - 79:59
"the baseline oil price with the baseline oil production scenarios and $29.7 billion of cumulative revenue through 2062."
“the baseline oil price with the baseline oil production scenarios and $29.7 billion of cumulative revenue through 2062.”
And so we have a few of our state revenue charts. Slide 43 is the baseline oil price with the baseline oil production scenarios and $29.7 billion of cumulative revenue through 2062. Slide 44 is the baseline oil price forecast and the baseline baseline oil production forecast under Senate Bill 2001 as introduced with $22.8 billion of cumulative state revenue.
Department of Revenue modeling shows that if the Alaska LNG project costs $60 billion instead of the baseline $46.2 billion, the price needed to break even in global markets would jump by $1.60 per thousand cubic feet, significantly affecting project viability and the state's fiscal analysis of competing tax proposals.

Alaska Department of Revenue modeling shows the Alaska LNG project could cost the state $16.2 billion through 2062 under worst-case production scenarios combining Prudhoe Bay oil losses with Point Thompson underperformance at $100 per barrel oil prices.
