0:27
Justin Ruffridge
61:20 - 61:47
"I think, Mr. Chair, of just a molecule of gas. For example, a molecule of gas in this state, if we are to produce a project, it's going to go through royalty payment. That's step number 1. It's going to be taxed for its production. It's going to be taxed for its gas treatment, taxed for its transport, taxed for its export, and then also pay sales tax on its use in the state."
“I think, Mr. Chair, of just a molecule of gas. For example, a molecule of gas in this state, if we are to produce a project, it's going to go through royalty payment. That's step number 1. It's going to be taxed for its production. It's going to be taxed for its gas treatment, taxed for its transport, taxed for its export, and then also pay sales tax on its use in the state.”
- Speaker
- Justin Ruffridge
- Timestamp
- 61:20 – 61:47
- Community
- Alaska News
- Location
- Alaska
- Captured at
- July 2, 2026
From the transcript
But I think we're headed down a path where if you think, Mr. Chair, of just a molecule of gas For example, a molecule of gas in this state, if we are to produce a project, it's going to go through royalty payment. That's step number 1. It's going to be taxed for its production. It's going to be taxed for its gas treatment, taxed for its transport, taxed for its export, and then also pay sales tax on its use in the state.